WATCH: What the rate cut means for SA

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Econometrix chief economist Azar Jammine talks to Business Day TV about the decision to cut the repo rate

Monetary authorities are responding with fiscal stimulus packages, such as interest-rate cuts and quantitative easing to help soften the impact of the coronavirus.

Picture: 123RF/3D GENERATORExpectations had been for a 50 basis point cut and the cut comes with aggressive changes to the GDP and inflation forecast.Or listen to the full audio:

 

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WATCH: What the rate cut means for SAEconometrix chief economist Azar Jammine talks to Business Day TV about the decision to cut the repo rate
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