# South Africa pauses rate cuts as trade and budget risks overshadow low inflation

> The South African Reserve Bank paused its rate-cutting cycle, holding the repo rate at 7.50% in a split decision. The bank cited risks from Trump's trade war and the deadlocked national budget.

- Date: 2025-03-20 · published 2025-03-20T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/25854-south-africa-pauses-rate-cuts-as-trade-and-budget-risks-overshadow-low-inflation
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Higher-for-longer local rates support the rand and raise financing costs for South African livestock and feed operators, with limited direct effect on global grain prices.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/africa/south-african-central-bank-keeps-main-interest-rate-unchanged-2025-03-20/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.