Mboweni: 'I would definitely increase rates in December'
The Governor of the Reserve Bank, Tito Mboweni, gave a very strong signal that another interest hike is on the way when he told members of Parliament that in his opinion, rates should go up.
Speaking to the finance portfolio committee on Wednesday, Mboweni said: "If I was the only member of the Monetary Policy Committee (MPC), I would definitely increase rates in December."
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