SA inflation shocker, Fed hike seal deal for next interest rate move | Business

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On Wednesday, the US central bank hiked its key interest rates by 25 basis points – paving the way for a similar hike in South Africa on Thursday next week. | HelenaWasserman News24_Business

– paving the way for a similar hike in South Africa on Thursday next week. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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HelenaWasserman _Business This thing of our country and economy being influenced by far away lands must stop one day. It's nonsense!

HelenaWasserman _Business 😛😛This is what happens when your economy is a slave to the petro dollar NO matter what you do if it flexes it's muscle , you all get squeezed. remember they don't care about developing countries when it comes to making their own economy a priority One day people will wake up

HelenaWasserman _Business When will this ferkin end!!?🤦🏾‍♂️

HelenaWasserman _Business We will face further inflationary pressures thanks to the corruption of the ANC/Eskom alliance which will see electricity prices increase by 18.65% on 1st April.

HelenaWasserman _Business Which I find very strange ... The US inflation is sitting at 8.5%... and ours is below 6%. Why copy the US fed's moves? ... and not only that, their economy and unemployment is nothing like ours. Our problems are far far serious and made worse by the ANC everyday of our lives. 🤦‍♂️

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