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Economists expected the South African Reserve Bank to cut its repo rate at its Thursday meeting, with some saying it could be the last cut of 2025. Higher inflation and geopolitical risks were cited as reasons for a possible pause.
The rate outlook is a domestic monetary matter with no direct impact on feed commodity prices. A weaker rand could raise fuel and food costs in South Africa.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.