Interest rates: the Sarb will not bow to political pressure
A 200 basis point cut in the repo rate will lead to the rand plunging by between 12% and 15%, putting upward pressure on inflation through more expensive imports.
Repo rate
People’s expenses change in retirement. Shouldn’t their income too?
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
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South African banks are not the culprits as portrayed
The banking sector is one of the few pillars standing in a country that is effectively under business rescue after imploding from state capture.
SA investment managers are the most bullish on bonds since 1999
Fund managers believe the economy and inflation are heading in the right direction, according to a Bank of America survey.
Latest repo rate hike improves SA’s attractiveness for investors
Domestic interest rates are one of the most important drivers of foreign capital flows into the country.
Brace for another 75-basis point repo rate hike this week
Most economists who participated in a poll by Reuters expect that the South African Reserve Bank (Sarb) will raise the repo rate by 75 basis points this week. Of the 20 economists polled […]
Prepare for two massive repo rate hikes, says commercial bank
The South African Reserve Bank (SARB) will hike the repo rate by 75 basis points in both July and September – well above the consensus expectation, according to international banking group BNP Paribas. […]
Moody’s forecasts 8% inflation in 2022
Headline inflation in South Africa will rise to about 8% this year, breaching the upper end of the South African Reserve Bank’s target band of 3% to 6%, according to a research report […]
‘Pressures on core inflation are building’
BNP Paribas says the pressures on core inflation are building, which could force the South African Reserve Bank (Sarb) to step up the pace of repo rate hikes from next month. Meanwhile, Anchor […]
Upside risks may scupper SARB’s ‘slow and steady’ approach to rate increases
As expected, the SA Reserve Bank’s Monetary Policy Committee (MPC) on Thursday raised the repo rate by 25 basis points to 4%. However, what surprised some market analysts is that the SARB’s quarterly […]
How many rate hikes will we see this year?
By how much will inflation increase this year and, more importantly, how many rate hikes will we see as a result? Thursday’s meeting of the Monetary Policy Committee (MPC) may shed more light […]
Why did MPC keep interest rates unchanged?
The answer is simple. Inflation, according to Thalia Petousis, fund manager at Allan Gray. Last week, the Reserve Bank’s Monetary Policy Committee (MPC) voted unanimously to keep the repo rate unchanged at 3,5%, […]
