There are scenarios where inflation could undershoot the baseline focus, if oil prices are lower or the exchange rate appreciates further

South Africa's central bank struck a measured tone after its first rate cut in more than four years on Thursday, saying although inflation had fallen faster than expected there were still risks to the outlook.

Although there is not a significant savings for South Africa bond holders, the 0.25 cut was met with a sigh of relief from homeowners who have been holding on tight during the upw

SARB cut its main benchmark rate by a quarter percentage point to 8%.

The South African Reserve Bank will likely lower interest rates by 25 basis points on Thursday, despite a larger-than-expected overnight move by the Federal Reserve as it turns the screws on inflation.

Welcome to The Hill’s Business & Economy newsletter, where we have the latest on the Federal Reserve’s rate cuts and the Teamsters’ endorsement news.{beacon} Business &