South Africans hope for interest rate cut

It is widely expected that the Reserve Bank will cut the repo rate by 25 basis points when it makes its announcement this afternoon.
This as inflation has continued to surprise on the downside, a trend expected to remain until the second half of this year.
Consumer inflation was 3% in December, up from 2.9% in November, comfortably below the midpoint of the Reserve bank's target range of 3 to 6%.
Onpoint producer, Catherine Mawila, took to the streets to gauge the expectations of locals ahead of the Monetary Policy Committee announcement.
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