{"id":29590,"date":"2022-07-21T16:03:58","date_gmt":"2022-07-21T14:03:58","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=29590"},"modified":"2022-07-21T16:03:58","modified_gmt":"2022-07-21T14:03:58","slug":"newsflash-fifth-successive-rate-hike-for-2022","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/newsflash-fifth-successive-rate-hike-for-2022\/","title":{"rendered":"Newsflash | Fifth successive rate hike for 2022"},"content":{"rendered":"<p>The Reserve Bank increased the repo rate by 75 basis points to 5.5% per year, this afternoon, a fifth successive rate hike by the monetary policy committee. This hike and the 50 basis points hike in May this year, are the two largest successive increases in more than five years. The adjustments follow in consequence of efforts to curb accelerating inflation and protect the weakened Rand.<\/p>\n<p>Contact <a href=\"mailto:info@stbb.co.za?Subject=Newsflash%20Fifth520successive%20rate%20hike%20for%202022\">info@stbb.co.za<\/a> for any questions or assistance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Reserve Bank increased the repo rate by 75 basis points to 5.5% per year, this afternoon, a fifth successive rate hike by the monetary policy committee. This hike and the 50 basis points hike in May this year, are<\/p>\n","protected":false},"author":36,"featured_media":24454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[137,108],"tags":[],"class_list":["post-29590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-newsflash"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Newsflash | Fifth successive rate hike for 2022 - STBB<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/stbb.co.za\/dev2\/newsflash-fifth-successive-rate-hike-for-2022\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maryna Botha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-fifth-successive-rate-hike-for-2022\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-fifth-successive-rate-hike-for-2022\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Newsflash | Fifth successive rate hike for 2022\",\"datePublished\":\"2022-07-21T14:03:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-fifth-successive-rate-hike-for-2022\\\/\"},\"wordCount\":79,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-fifth-successive-rate-hike-for-2022\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/drew-beamer-692664-unsplash-1.jpg\",\"articleSection\":[\"Latest\",\"Newsflash\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-fifth-successive-rate-hike-for-2022\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-fifth-successive-rate-hike-for-2022\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-fifth-successive-rate-hike-for-2022\\\/\",\"name\":\"Newsflash | Fifth successive rate hike for 2022 - 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