And after the eighth rate hike … he rested

Economics Editor
THE Reserve Bank’s decision to put monetary policy on hold despite rising inflation will give SA’s hard-pressed consumers a welcome respite, but it is too soon to assume the next move in interest rates will be downwards.
There is still a real risk of interest rate hikes later this year, with the performance of the volatile rand likely to play a key role, along with the effect of soaring electricity prices.

http://www.businessday.co.za/articles/economy.aspx?ID=BD4A696630