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Business
/ 19 September 2021

If the inflation-driving supply strain in the US lasts, it could put South Africa in a chokehold

By Sarah Smit
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The Federal Reserve Begins Last Meeting Of 2008
The US Federal Reserve’s Federal Open Market Committee has broken its 14-month policy pause with a significant 50 basis point cut to the federal funds rate. (Mark Wilson/Getty Images)

In South Africa, a strong trade surplus, buoyed by robust commodity prices, will cushion our economy against pressure arising from US policy

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Tags: Annabel Bishop, Bureau For Economic Research, chip shortage, Commodity Prices, Consumer Price Index, Covid-19, Current Account Deficit, current account surplus, Federal Reserve, FORD, Hugo Pienaar, Inflation, interest rate, Investec, Michael Power, Monetary Policy Committee, NinetyOne, Platinum Group Metals, Quantitative Easing, Repo Rate, South Africa, South African Reserve Bank, supply chain disruptions, Toyota, United States, US Bureau of Labour Statistics, Volkswagen, wage inflation

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