Risk Of A Back-Loaded Rate Hike Rising

March 2008
Africa Monitor: Southern Africa;Mar2008, Vol. 13 Issue 3, p3
Country Report
The article presents the economic outlook for South Africa for 2008. Analysts expect that the country's inflation will ease over the medium term. The decision of the South African Reserve Bank (SARB) to keep interest rates at 11.00% will likely expose the economy to noticeable price pressures in the short term. They maintain that the price pressures will meet the central bank target over the longer term.


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