News Formal

Interest rate cuts could start as early as September, Absa expects | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 80%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Absa's economic unit says the interest rates hike in January may be the last in this rate hiking cycle - unless the rand weakens further and inflation goes against expectations. | News24_Business

Absa's economic unit says the interest rates hike in January may be the last in this rate hiking cycle - unless the rand weakens further and inflation goes against expectations.

Senior economist at Absa Corporate and Investment Banking Peter Worthington said SA's real repo rate is now above consumer price inflation. The Monetary Policy Committee looks at the real repo rate when making its decision, not the nominal rate. He also said Absa CIB's base case scenario forecast that headline inflation will be back to just above the midpoint of the SA Reserve Bank's target range in the second half of this year. The group expects core inflation to have peaked by then or be close to reaching its peak.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.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 4. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

_Business Yes there is still a bit blood left to suck out

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Seychelles Investment Board Registers Increase in Investors' Interest in Cinnamon IndustryThe Seychelles Investment Board (SIB) has registered an increase in investors in the cinnamon industry and efforts are being undertaken to assist them in their work.
ソース: allafrica - 🏆 1. / 99 続きを読む »