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#Consumer Price Inflation19 September 2024

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Consumer Price Inflation for August cooled to 4.4 percent from 4.6
percent in July. The South African Reserve Bank will likely lower interest rates by 25 basis points today. Almost all of the 24 economists surveyed by Bloomberg expect Governor Lesetja Kganyago to reduce the rate from a 15-year high to 8% when he announces the decision after 15h00 at a press today. we chat to Owen Nkomo Ceo of Nkunzi wealth group.

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