Us Federal Reserve
latest news & developmentsReserve Bank cuts repo rate to 8%
This comes as inflation eased to 4.4% in August, below the midpoint of the Reserve Bank’s 3-6% target band
Reserve Bank expected to cut interest rates marginally as inflation moderates
Better than expected inflation outcomes domestically and globally back the case for the central bank to cut the repo rate to 8%, economists said This content is restricted to…
South Africa rate cuts on hold: What borrowers need to know
Some strategies for financial resilience
Inflation 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
Inflation eases to 5.4% in June, below upper limit of Reserve Bank’s target range
The slowdown will probably influence the central bank’s decision on interest rates
Inflation drops to lowest level in more than a year
The headline rate eased to 6.3% year-on-year in May, down from 6.8%
Will the dollar hit a Brics wall?
The architecture of the global financial system hurts emerging market economies but the alliance has yet to offer an alternative
Banking shock exposes cheap cash addiction
The turmoil, which some say was inevitable given aggressive hiking cycles, exposes the dependency of advanced economies on cheap credit
Dark days as inflation rises after another jump in food prices
Analysts expected inflation to continue on a downward trajectory in February after falling to 6.9% in January; instead, it reached 7%
Explainer: What a weak rand means for interest rates
Later this month the South African Reserve Bank will decide how big a rise the country’s flailing economy can take
Reserve Bank changes to keep economy afloat are dead in the water
The ANC has made the call for more flexible monetary policy before, but has dithered in seeing it through
Explainer: What forces will shape South Africa’s economy in 2023?
Economy hitting geopolitical tensions, pressure on consumers and load-shedding will likely stick around
World’s doom and gloom financial scenario not inevitable
There is much to suggest that global economic disaster is not assured, or even likely, in the near future
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
Another 75 basis point hike as Reserve Bank seeks to tame ‘inflation monster’
Consumer inflation hit 7.6% year-on-year in October, bucking the downward trend that had been anticipated after the July ‘peak’