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World economic growth and market volatility are the biggest macro issues affecting the South African rand, according to the results of a Bloomberg poll announced yesterday.
South Africa needs to lower its inflation trajectory to temper interest rate hiking cycle
The last Monetary Policy Committee (MPC) meeting of the South African Reserve Bank (SARB) in 2018 is well underway, with policymakers considering the possibility of a rate hike in November against the backdrop of rising inflation expectations. SARB Governor Lesetja Kganyago is expected to announce the MPC decision on Thursday, 22 November.
Nobody likes to hear bad news, but it is always better to be prepared than to be caught off guard. Consider this your ‘extreme weather warning’ as we brace for the wave of imminent interest rate hikes to reach our shores.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?