{"id":30024,"date":"2022-09-22T16:31:43","date_gmt":"2022-09-22T14:31:43","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=30024"},"modified":"2022-09-22T16:31:43","modified_gmt":"2022-09-22T14:31:43","slug":"newsflash-repo-rate-increase-2","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/newsflash-repo-rate-increase-2\/","title":{"rendered":"Newsflash | Repo Rate Increase"},"content":{"rendered":"<p>The Reserve Bank announced just now that the repo rate increases with 75 basis points to 6.25%.<\/p>\n<p>What does this mean?<br \/>\nThe \u2018repo rate\u2019 is the rate at which the Reserve Bank lends to commercial banks. Between November 2021 and July 2022, the rate has increased five times, from 3.75% to 5.50% in the Bank\u2019s bid to curb inflation. In turn, the interest rates hike increases the cost of credit: Households and businesses then have less disposable income as they use their money to service debt.<\/p>\n<p>Contact <a href=\"mailto:info@stbb.co.za?Subject=STBB Newsflash Repo Rate Increase\">info@stbb.co.za<\/a> for any questions or assistance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Reserve Bank announced just now that the repo rate increases with 75 basis points to 6.25%. What does this mean? The \u2018repo rate\u2019 is the rate at which the Reserve Bank lends to commercial banks. Between November 2021 and<\/p>\n","protected":false},"author":36,"featured_media":30007,"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-30024","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 | Repo Rate Increase - 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-repo-rate-increase-2\/\" \/>\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-repo-rate-increase-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-repo-rate-increase-2\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Newsflash | Repo Rate Increase\",\"datePublished\":\"2022-09-22T14:31:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-repo-rate-increase-2\\\/\"},\"wordCount\":95,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-repo-rate-increase-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/TOTW_Flisp-Non-Credit-Linked-Applications.png\",\"articleSection\":[\"Latest\",\"Newsflash\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-repo-rate-increase-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-repo-rate-increase-2\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-repo-rate-increase-2\\\/\",\"name\":\"Newsflash | Repo Rate Increase - 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