The volume of new mortgage applications reached multi-year highs amid record low interest rates
Inflation fears should have inspired a run on gold, but the asset may have lost its relevance
Lockdown restrictions will continue to disrupt global value chains and support rising inflation that will require aggressive rate hikes
Without tighter capital controls, regulating the flow of money in and out of their economies, Turkey and South Africa are vulnerable to the whims of the financial markets
Critics have said the repo rate hike will jeopardise already sluggish economic growth, but others say the gradual increase will have little effect
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 measures
Low interest rates are seeing tenants become homeowners and putting landlords under pressure
Food inflation was unchanged at 6.7% in July, but remained elevated on continued upward pressure from prices for meat and the oils and fats category.
Higher international oil prices, for example, could affect local transport costs through second-round effects
Reserve Bank stands at the ready to act if the rise in inflation threatens to become permanent
Despite the government’s efforts to lessen the economic shock of the pandemic and the lockdown, businesses are struggling to keep their doors open
This takes the rate to 5.25% per annum, from 6.25%
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Negative rates are seriously spooking markets. Money managers are used to getting a positive return on their investments
Nedbank Group’s Economic Unit forecasted on Monday that interest rates in South Africa will remain unchanged into late 2019
The appreciation of the rand, low food inflation and stable interest rates have been positive for consumer confidence.
"Although offering consumers relief on interest payments, the cut is the product of stalled economic growth."
The South African Reserve Bank’s surprise decision to cut interest rates by 0.25% offers some reprieve for financially strained South Africans.
The MPC decided unanimously to leave the benchmark repurchase rate at 7%.
The 2008 financial crisis exposed major gaps in central banks’ operations. New features like quantitative easing have since emerged.
As was widely anticipated, the South African Reserve Bank’s monetary policy committee has decided to hold interest rates.
Foreign investors pulled R12.8-billion in one week, the biggest outflow since 2008, casting a harsh light on policy direction and the trade deficit.
Increasingly difficult times lie ahead and inflation fears outweigh concerns about economic growth.
South Africa is among the developing nations who will be worse affected by the US tightening – the first rate hike in seven years.
Fed chair Janet Yellen’s raising of US interest rates has prompted the European banker to loosen monetary policy to stimulate consumer prices.
In light of the US Federal Reserve’s decision not to hike interest rates, the SA Reserve Bank is expected to follow suit and hold the repo rate.
The decision gives the Reserve Bank the chance to keep future rises more moderate.
The Reserve Bank has decided to keep interest rates on hold in the face of a deteriorating global growth outlook and load-shedding.
Emerging markets are bracing themselves for fallout once the interest rate rises in the US, according to the IMF’s deputy director.
The European Central Bank announced that it cut interest rates by 10 basis points to a record low of 0.05%.
Reserve Bank Governor Gill Marcus announced an interest rate hike on Thursday, while highlighting strike action and excessive salaries and bonuses.
Economists are split on whether the South African Reserve Bank’s Monetary Policy Committee will hold or hike interest rates on Thursday.