insert_link Business / Economics Simonis Storm Analyst Weighs In on Potential Repo Rate Cut Analysts expect the Bank of Namibia Monetary Policy Committee to announce a 25-basis point cut in the repo rate this Wednesday. The Brief says, however, Simonis Storm Securities Junior Economist, Almandro Jansen warned that while a cut is possible, it’s not guaranteed, with a likelihood just below 50%. He noted that inflation dynamics, particularly the recent decline in headline inflation, will significantly influence the MPC's decision. todayOctober 16, 2024 2
insert_link Business / Economics IJG Securities, strongly anticipates a 25-basis point reduction in the repo rate Eric Van Zyl, Managing Director Designate of IJG Securities, strongly anticipates a 25-basis point reduction in the repo rate during the upcoming Bank of Namibia Monetary Policy Committee meeting. According to The Brief, he cites several economic factors supporting this easing, including declining inflation trends and high real interest rates. He also emphasized that Namibia's uneven economic growth suggests a more accommodative monetary stance could stimulate broader economic activity. todayOctober 16, 2024 3
insert_link Business / Economics Bank of Namibia Set to Cut Repo Rate : Analaysts Analysts anticipate that the Bank of Namibia Monetary Policy Committee will announce a 25-basis point reduction in the repo rate this Wednesday, the Brief says. If implemented, this adjustment would lower the rate from 7.50% to 7.25%. This potential decrease aligns with a broader trend of more accommodative monetary policies observed globally and regionally. The move follows the South African Reserve Bank's recent rate cut, sparking speculation about Namibia's next […] todayOctober 16, 2024 3
