{"id":31586,"date":"2023-05-26T12:26:37","date_gmt":"2023-05-26T10:26:37","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=31586"},"modified":"2023-05-26T12:26:37","modified_gmt":"2023-05-26T10:26:37","slug":"newsflash-interest-rate-increase-3","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/newsflash-interest-rate-increase-3\/","title":{"rendered":"Newsflash | Interest rate increase"},"content":{"rendered":"<p>SARB&#8217;s Monetary Policy Committee has, as expected, increased the repo rate by 50 basis points from 7.75% to 8.25% effective 26 May 2023.<\/p>\n<p>Similarly, the prime lending rate has increased by this margin from 11.25% to 11.75%. This is the highest the prime lending rate has been since May 2009.<\/p>\n<p>Contact us at <a href=\"mailto:info@stbb.co.za?Subject=RE:%20STBB%20Newsflash%20Interest%20rate%20increase\" target=\"_blank\" rel=\"noopener\">info@stbb.co.za<\/a> should you have any questions or require assistance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SARB&#8217;s Monetary Policy Committee has, as expected, increased the repo rate by 50 basis points from 7.75% to 8.25% effective 26 May 2023. Similarly, the prime lending rate has increased by this margin from 11.25% to 11.75%. This is the<\/p>\n","protected":false},"author":36,"featured_media":24473,"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-31586","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 | Interest 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-interest-rate-increase-3\/\" \/>\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-interest-rate-increase-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-interest-rate-increase-3\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Newsflash | Interest rate increase\",\"datePublished\":\"2023-05-26T10:26:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-interest-rate-increase-3\\\/\"},\"wordCount\":62,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-interest-rate-increase-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/thomas-lefebvre-3950-unsplash-1-1.jpg\",\"articleSection\":[\"Latest\",\"Newsflash\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-interest-rate-increase-3\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-interest-rate-increase-3\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-interest-rate-increase-3\\\/\",\"name\":\"Newsflash | Interest rate increase - 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