Trader consensus on Polymarket prices a 56.5% implied probability for no change in the South African Reserve Bank's repo rate at its May 28-30 Monetary Policy Committee meeting, driven by April CPI inflation ticking up to 5.2% year-over-year—within the 3-6% target band but above the 4.5% midpoint—offsetting expectations for easing amid Q1 GDP contraction of 0.1% and 32.9% unemployment. The rand's volatility and elevated food price pressures bolster 29.5% odds for a hike, while cut prospects at 17% depend on post-election growth signals, as the national vote on May 29 adds policymaker caution after ten straight holds at 8.25% since July 2023. Upcoming CPI data and election outcomes loom as key catalysts.
Experimental AI-generated summary referencing Polymarket data · UpdatedSouth African Reserve Bank Decision in May?
South African Reserve Bank Decision in May?
No Change 55%
Increase 33%
Decrease 17%
Decrease
17%
No Change
58%
Increase
30%
No Change 55%
Increase 33%
Decrease 17%
Decrease
17%
No Change
58%
Increase
30%
The resolution source for this market is information released by the South African Reserve Bank after its May 28, 2026 policy-setting meeting, as listed on the official South African Reserve Bank meeting schedule: https://www.resbank.co.za/en/home/calendar
This market may resolve as soon as the South African Reserve Bank's statement for their May meeting with relevant data is issued. If no decision on the repo rate is issued by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.
Market Opened: Jan 30, 2026, 7:02 PM ET
Resolver
0x2F5e3684c...The resolution source for this market is information released by the South African Reserve Bank after its May 28, 2026 policy-setting meeting, as listed on the official South African Reserve Bank meeting schedule: https://www.resbank.co.za/en/home/calendar
This market may resolve as soon as the South African Reserve Bank's statement for their May meeting with relevant data is issued. If no decision on the repo rate is issued by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.
Resolver
0x2F5e3684c...Trader consensus on Polymarket prices a 56.5% implied probability for no change in the South African Reserve Bank's repo rate at its May 28-30 Monetary Policy Committee meeting, driven by April CPI inflation ticking up to 5.2% year-over-year—within the 3-6% target band but above the 4.5% midpoint—offsetting expectations for easing amid Q1 GDP contraction of 0.1% and 32.9% unemployment. The rand's volatility and elevated food price pressures bolster 29.5% odds for a hike, while cut prospects at 17% depend on post-election growth signals, as the national vote on May 29 adds policymaker caution after ten straight holds at 8.25% since July 2023. Upcoming CPI data and election outcomes loom as key catalysts.
Experimental AI-generated summary referencing Polymarket data · Updated
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