Interest Rate Predictions South Africa 2024. Trump’s proposed economic policies have raised concerns over inflation and have led to expectations of higher terminal interest rates. South africa’s gdp figures saw a surprising contraction of 0.3% in q3.

Positive economic data points to further interest rate cuts in south africa,. In early 2024, experts were predicting that sarb would begin to lower interest rates later in the year, perhaps even as early as may 2024.