It was a tale of two central banks. One has got too excited for its own good, raising the question of whether it overestimated its abilities over recent years. The other one more conventional.
Much of the turmoil in financial markets last week was in anticipation of what the US Federal Reserve was going to do with inflation running at almost four-decade highs of 7%. It has long dropped the idea that inflation is “transitory” but is seemingly not clear on what it should do...
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MARKET WRAP: Rand and JSE weaker after volatile weekMarket volatility is not going away any time soon, and investors are expecting as many as five interest-rate increases from the Fed this year
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President Ramaphosa lauds China for being one of the leaders in coronavirus fight - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Cyril Ramaphosa says global economic recovery depends on everyone being vaccinated. He says no country should be left behind in accessing the vaccines to fight COVID19. And SABCNews believe it Mxm oksalayo we won't vaccinate Cyril, you epitomize South Africa. Always way behind the real world.
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