Inflation steady at 4.5% in June, bolstering hopes for rate cuts
Inflation has remained unchanged at 4.5% in June. That's within the SARB's target range of 3-6%. And while some see this as a bolstering case for further rate cuts, Reserve Bank Governor, Lesetja Kganyago has reiterated that there are no quick fixes for this economy, adding that aggressive interest rate cuts will only result in higher inflation. Gina Schoeman, Economist at Citi Bank joined Business Day TV with a greater analysis on the country's inflation trajectory.