How the SARB's rate cut will impact consumers
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The MPC has slashed interest rates by 50 basis points bringing total cuts for this year to 275 basis points. This is much needed relief for consumers at a time when Spar is warning of 'unprecedented' pressure on shoppers moving forward. Business Day TV spoke to Kevin Lings , Chief Economist at Stanlib and Graham O’Connor, CEO of Spar for more.