{"id":37023,"date":"2024-09-19T15:51:58","date_gmt":"2024-09-19T13:51:58","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=37023"},"modified":"2024-09-19T15:51:58","modified_gmt":"2024-09-19T13:51:58","slug":"stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/","title":{"rendered":"STBB Newsflash | Eighth time&#8217;s a charm: SARB lowers the repo rate"},"content":{"rendered":"<p>Moments ago, the Monetary Policy Committee of the South African Reserve Bank (\u2018SARB\u2019) convened its fifth meeting of the year. As widely predicted by major financial institutions and economic analysts, SARB finally elected to lower the repo rate from 8.25% to 8%, with effect from\u00a0tomorrow, 20<sup>th<\/sup> September 2024.\u00a0 Accordingly, the prime lending rate is adjusted to 11.5%. This marks the first time in eight meetings that SARB has altered the repo rate.<\/p>\n<p>The adjustment follows the easing of consumer inflation from 5.1% in June\u00a0to 4.4% in August, which is below\u00a0SARB\u2019s mid-point target range of 4.5%. Indeed, analysts estimate that inflation may drop below the 4% threshold in October.<\/p>\n<p>Crucially, the interest rate cut provides a modicum of relief to homeowners whose bond repayments increased significantly after SARB raised the repo rate by a cumulative 3.75% beginning in November 2021. Positively, economists anticipate further cuts in November and early 2025.<\/p>\n<p>For further information or legal assistance, contact us at <a href=\"mailto:info@stbb.co.za?Subject=STBB%20Newsflash%20|%20Eighth%20times%2a%20charm:%20SARB%20lowers%20the%20repo%20rate\">info@stbb.co.za<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moments ago, the Monetary Policy Committee of the South African Reserve Bank (\u2018SARB\u2019) convened its fifth meeting of the year. As widely predicted by major financial institutions and economic analysts, SARB finally elected to lower the repo rate from 8.25%<\/p>\n","protected":false},"author":364,"featured_media":3176,"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-37023","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>STBB Newsflash | Eighth time&#039;s a charm: SARB lowers the repo rate - 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\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samantha Smith\" \/>\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\\\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\\\/\"},\"author\":{\"name\":\"Samantha Smith\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/805b4884d2d0620da8c730a20588b52a\"},\"headline\":\"STBB Newsflash | Eighth time&#8217;s a charm: SARB lowers the repo rate\",\"datePublished\":\"2024-09-19T13:51:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\\\/\"},\"wordCount\":167,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/steve-johnson-535664-unsplash-1_banner.jpg\",\"articleSection\":[\"Latest\",\"Newsflash\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\\\/\",\"name\":\"STBB Newsflash | Eighth time's a charm: SARB lowers the repo rate - STBB\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/steve-johnson-535664-unsplash-1_banner.jpg\",\"datePublished\":\"2024-09-19T13:51:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\\\/#breadcrumb\"},\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-ZA\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\\\/#primaryimage\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/steve-johnson-535664-unsplash-1_banner.jpg\",\"contentUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/steve-johnson-535664-unsplash-1_banner.jpg\",\"width\":1223,\"height\":350},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Latest\",\"item\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/category\\\/latest\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"STBB Newsflash | Eighth time&#8217;s a charm: SARB lowers the repo rate\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#website\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/\",\"name\":\"STBB\",\"description\":\"Welcome to STBB - We deal with every legal matter\",\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-ZA\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\",\"name\":\"STBB\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-ZA\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/STBB_logo_2025.png\",\"contentUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/STBB_logo_2025.png\",\"width\":218,\"height\":66,\"caption\":\"STBB\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/company\\\/thebigsmallfirm\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/805b4884d2d0620da8c730a20588b52a\",\"name\":\"Samantha Smith\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-ZA\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7f71900525e21469f789274d11fb4a6ecabdf5fd8022613ca764c6073933f3cb?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7f71900525e21469f789274d11fb4a6ecabdf5fd8022613ca764c6073933f3cb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7f71900525e21469f789274d11fb4a6ecabdf5fd8022613ca764c6073933f3cb?s=96&d=mm&r=g\",\"caption\":\"Samantha Smith\"},\"description\":\"Dr Samantha Smith is a creative Attorney holding a BSocSci, LLB, LLM, and PhD (Law) from UCT.\u00a0 She leads\u00a0content marketing &amp; strategy across STBB's channels, thought leadership, SEO, and legal marketing collateral.\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/author\\\/samanthasstbb-co-za\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"STBB Newsflash | Eighth time's a charm: SARB lowers the repo rate - STBB","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/","twitter_misc":{"Written by":"Samantha Smith","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/#article","isPartOf":{"@id":"https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/"},"author":{"name":"Samantha Smith","@id":"https:\/\/stbb.co.za\/dev2\/#\/schema\/person\/805b4884d2d0620da8c730a20588b52a"},"headline":"STBB Newsflash | Eighth time&#8217;s a charm: SARB lowers the repo rate","datePublished":"2024-09-19T13:51:58+00:00","mainEntityOfPage":{"@id":"https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/"},"wordCount":167,"commentCount":0,"publisher":{"@id":"https:\/\/stbb.co.za\/dev2\/#organization"},"image":{"@id":"https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/#primaryimage"},"thumbnailUrl":"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2019\/11\/steve-johnson-535664-unsplash-1_banner.jpg","articleSection":["Latest","Newsflash"],"inLanguage":"en-ZA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/","url":"https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/","name":"STBB Newsflash | Eighth time's a charm: SARB lowers the repo rate - STBB","isPartOf":{"@id":"https:\/\/stbb.co.za\/dev2\/#website"},"primaryImageOfPage":{"@id":"https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/#primaryimage"},"image":{"@id":"https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/#primaryimage"},"thumbnailUrl":"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2019\/11\/steve-johnson-535664-unsplash-1_banner.jpg","datePublished":"2024-09-19T13:51:58+00:00","breadcrumb":{"@id":"https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/#breadcrumb"},"inLanguage":"en-ZA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/"]}]},{"@type":"ImageObject","inLanguage":"en-ZA","@id":"https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/#primaryimage","url":"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2019\/11\/steve-johnson-535664-unsplash-1_banner.jpg","contentUrl":"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2019\/11\/steve-johnson-535664-unsplash-1_banner.jpg","width":1223,"height":350},{"@type":"BreadcrumbList","@id":"https:\/\/stbb.co.za\/dev2\/stbb-newsflash-eighth-times-a-charm-sarb-lowers-the-repo-rate\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/stbb.co.za\/dev2\/"},{"@type":"ListItem","position":2,"name":"Latest","item":"https:\/\/stbb.co.za\/dev2\/category\/latest\/"},{"@type":"ListItem","position":3,"name":"STBB Newsflash | Eighth time&#8217;s a charm: SARB lowers the repo rate"}]},{"@type":"WebSite","@id":"https:\/\/stbb.co.za\/dev2\/#website","url":"https:\/\/stbb.co.za\/dev2\/","name":"STBB","description":"Welcome to STBB - We deal with every legal matter","publisher":{"@id":"https:\/\/stbb.co.za\/dev2\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/stbb.co.za\/dev2\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-ZA"},{"@type":"Organization","@id":"https:\/\/stbb.co.za\/dev2\/#organization","name":"STBB","url":"https:\/\/stbb.co.za\/dev2\/","logo":{"@type":"ImageObject","inLanguage":"en-ZA","@id":"https:\/\/stbb.co.za\/dev2\/#\/schema\/logo\/image\/","url":"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2025\/06\/STBB_logo_2025.png","contentUrl":"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2025\/06\/STBB_logo_2025.png","width":218,"height":66,"caption":"STBB"},"image":{"@id":"https:\/\/stbb.co.za\/dev2\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/thebigsmallfirm"]},{"@type":"Person","@id":"https:\/\/stbb.co.za\/dev2\/#\/schema\/person\/805b4884d2d0620da8c730a20588b52a","name":"Samantha Smith","image":{"@type":"ImageObject","inLanguage":"en-ZA","@id":"https:\/\/secure.gravatar.com\/avatar\/7f71900525e21469f789274d11fb4a6ecabdf5fd8022613ca764c6073933f3cb?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/7f71900525e21469f789274d11fb4a6ecabdf5fd8022613ca764c6073933f3cb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7f71900525e21469f789274d11fb4a6ecabdf5fd8022613ca764c6073933f3cb?s=96&d=mm&r=g","caption":"Samantha Smith"},"description":"Dr Samantha Smith is a creative Attorney holding a BSocSci, LLB, LLM, and PhD (Law) from UCT.\u00a0 She leads\u00a0content marketing &amp; strategy across STBB's channels, thought leadership, SEO, and legal marketing collateral.","url":"https:\/\/stbb.co.za\/dev2\/author\/samanthasstbb-co-za\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2019\/11\/steve-johnson-535664-unsplash-1_banner.jpg","_links":{"self":[{"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/posts\/37023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/users\/364"}],"replies":[{"embeddable":true,"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/comments?post=37023"}],"version-history":[{"count":4,"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/posts\/37023\/revisions"}],"predecessor-version":[{"id":37036,"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/posts\/37023\/revisions\/37036"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/media\/3176"}],"wp:attachment":[{"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/media?parent=37023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/categories?post=37023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/tags?post=37023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}