How the changes in interest rates affect your finances

With predictions of further cuts in interest rates by the SA Reserve Bank, what does this mean for your finances?

I spoke to Nthabiseng Ts’oanamatsie-Zuma, a senior economist, to help us understand the role of the Reserve Bank and how it uses interest rates to influence the economy.

Countries around the world are using monetary policy to tackle the economic fallout from the Covid-19 coronavirus pandemic, and South Africa is no exception.