SA keeps interest rates on hold in split decision, rand firms
The SA Reserve Bank held its benchmark interest rate even as inflation slowed to a near 9-year low, and signalled possible easing in the second half on 2020.
The SA Reserve Bank held its benchmark interest rate even as inflation slowed to a near 9-year low, and signalled possible easing in the second half on 2020.
SA’s annual inflation rate dipped more than forecast to the lowest in almost nine years in October, providing some room for the central bank to ease policy.
From credit ratings, to the medium term budget, to interest rate decisions, each outcome will in some form or other, shape the country’s future.
Lesetja Kganyago has had a tough time of it. With the economy tanking, some have been calling for a political takeover of the SA Reserve Bank (SARB).
South Africa’s central bank cut its benchmark interest rate for the first time in more than a year as it almost halved its economic growth forecast for the year.
Inflation expectations at a record low have convinced traders that South Africa is in line for interest-rate cuts.
In this insightful Rational Radio interview, heavyweight economist Roelof Botha unpacks why South African interest rates are 200 basis point too high.
Gold is on its longest winning streak in almost a year and a half, as investors prepare for the Federal Reserve to lower interest rates.
Ratings agency Moody’s Investors Service has said it expects South Africa’s interest rates to fall. Moody’s says it sees the central bank cutting its interest rate to support the economy.
We take a look at South Africa’s current interest rates as set by the SARB monetary policy committee and find our interest rates are far above suggested ‘Taylor’s Rule’ levels.