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At the latest MPC meeting of the SARB, the MPC kept the repo rate unchanged at 6%. Assume that the MPC decides to increase the repo rate by 25 basis points at the next MPC meeting in November. What would the new repo rate be? Calculate the associated percentage point increase and the percentage increase in the repo rate.
in Economics by Diamond (39.8k points) | 9 views

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New repo rate: 6.25% ()
Percentage point increase: 0.25 percentage points ()
Percentage increase: 4.17%
by Diamond (39.8k points)

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