Chief Economist at Efficient Group, Dawie Roodt, expects the Reserve Banks Monetary Policy Committee MPC to keep interest rates unchanged when it announces its decision on Thursday afternoon.
Despite reduced inflation expectations, the bank is expected to hold its rate-cutting cycle this time around, with a final cut only expected at its last meeting in November.
In July, the MPC decided to cut rates by 25 basis points, taking the repo rate to 7 and the prime lending rate to 10.5.