Kganyago’s interest rate dilemma: Slowing growth, rising inflation.
SA Reserve Bank governor Lesetja Kganyago says the bank will ‘act with resolve’ if price pressures stemming from a weaker rand spread more broadly in the economy.
SA Reserve Bank governor Lesetja Kganyago says the bank will ‘act with resolve’ if price pressures stemming from a weaker rand spread more broadly in the economy.
Bond traders are betting big that central bankers like Janet Yellen are getting it wrong. And that despite all talk to the contrary, global interest rates will stay lower for longer.