Bank Of England
latest news & developmentsInflation fight: central banks wade through ‘uncharted territory’
Speakers at the South African Reserve Bank’s biennial conference seemed to favour a ‘higher for longer’ approach to interest rates amid ongoing economic uncertainty
Emerging markets unwinding? Not just yet
Chile and Brazil are leading the pack with their recent interest rate cuts but South Africa is on its own timeline
Inflation cools to 7.4% year-on-year
Prices have slowly retreated from their July peak, when inflation increased at its highest rate since 2009
At 6.5%, inflation seals another ‘aggressive’ interest rate hike
Inflation has breached the ceiling of the Reserve Bank’s target range for the first time in more than five years
South Africa on weak footing amid global recession fears
A deep downturn is unlikely, analysts say. But, if it does happen, another recession will be even more difficult to recover from
Reserve Bank set to hike interest rates
Consumer inflation is expected to remain close to the central bank’s 6% ceiling, amid war-induced oil price rally
2022: A return to normality or more economic uncertainty?
Covid-19 cast the economy adrift, but a less punishing new phase of the pandemic could set it back on track
‘A cruel slap’: Reserve Bank weighs inflation risks as the economy struggles
Critics have said the repo rate hike will jeopardise already sluggish economic growth, but others say the gradual increase will have little effect
Reserve Bank green-lights interest rate lift-off
The decision to hike the repo rate by 25 basis points comes in the wake of red-hot inflation in advanced economies and fears policymakers will start to dial back on accommodative…
South Africa joins digital currency race
Reserve Bank launches feasibility study into a possible retail central bank digital currency, which is expected to be concluded in 2022.
Ready or not? Britain’s ‘no deal’ planning
Ahead of April 12, Britain has begun to put plans into place to cushion their potential push out of the European Union
Roman temple restored deep under City of London
A Roman temple has been restored to its original site seven metres below London, using sound, lights and misty haze to bring the ruin back to life.
Pravin Gordhan, Presidency move to reassure South Africans over Brexit
With the news that British voters decided to leave the European Union, emerging market currencies – including the Rand – have taken a beating.
This is how we fix global banking
Banks have paid $150-billion collectively in fines, but critical reforms must continue, says Bank of England governor Mark Carney.
Bank of England’s Carney chill calms treasury
Mark Carney, the governor of the Bank of England up before the Treasury select committee was as intensely relaxed as ever.