SARB To Hike Rate, NZ Central Bank On Hold

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 28, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Later today, the South African central bank is expected to hike interest rate by 50bps to 6.75% as the deanchoring of inflation expectations together with renewed pressure on the rand have left little choice to the SARB. CPI inflation rose to 5.20% in December from 4.80% in the previous month.[​IMG]

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