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🌏 SARB's 4-2 hike leaves the harder question to May CPI

🌏 SARB's 4-2 hike leaves the harder question to May CPI

SARB hiked to 7.00% in a 4-2 vote. The majority cited M3 at 9.82% and credit extension at 9.20% year-on-year; the doves read the 90-basis-point CPI jump as a fuel reversal and held. May CPI settles the argument.

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