TITLE

Risk Of A Back-Loaded Rate Hike Rising

PUB. DATE
March 2008
SOURCE
Africa Monitor: Southern Africa;Mar2008, Vol. 13 Issue 3, p3
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
29413805

 

Related Articles

  • Monetary Easing To Start In Q209.  // Africa Monitor: Southern Africa;Oct2008, Vol. 13 Issue 10, p3 

    The article forecasts the economic condition of South Africa for 2009, following the central bank's decision to keep interest rates on hold at 12.00%. Inflation is likely to decline rapidly in the first quarter of the outlook period. Monetary easing will start in the second quarter of the year,...

  • Interest Rates: No Change Until H210.  // Africa Monitor: Southern Africa;Dec2009, Vol. 14 Issue 12, p3 

    The article offers information on the economic outlook of South Africa for the year 2010. It states that the country's interest rates at 7.00% due to the decision of the South African Reserve Bank to hold the repo rate on October 2009. According to the Central bank Governor Tito Mboweni, the 500...

  • A Further Rate Hike Likely In Store.  // Africa Monitor: Southern Africa;Dec2007, Vol. 12 Issue 12, p1 

    The article reports on the increase of consumer price inflation index (CPIX) in South Africa in 2007. It is inferred that the increase of CPIX by 6.7% year-on-year (y-o-y) in September was significantly above the South African Reserve Bank's (SARB) inflation target band of 3 to 6%. The author...

  • Monetary Tightening To Weigh on Growth.  // Africa Monitor: Southern Africa;Jan2008, Vol. 13 Issue 1, p4 

    The article reports on the economic outlook for 2007 in South Africa. It states that the growth figures indicate that the country's economy maintains a greater momentum than initially expected, with the third quarter real gross domestic product growth coming in at a robust 5.1% year-on-year....

  • One Final Rate Cut In Store.  // Africa Monitor: Southern Africa;Oct2009, Vol. 14 Issue 10, p3 

    The article presents an economic data and forecasts for South Africa for 2009 and 2010. According to Business Monitor International Ltd., the South African Reserve Bank (SARB) is estimated to reduce interest rates by 50 basis points (bps) to 6.50 percent in September 2009. It also notes on...

  • The Resilient Economy.  // Africa Monitor: Southern Africa;Dec2006, Vol. 11 Issue 12, p4 

    The article forecasts the economic performance of South Africa for 2006 and 2007. In October 2006, the South African Reserve Bank achieved only 50 basis points in contrast to the expected basis points. The private sector maintains a buoyant demand, which assures the increase in rates in December...

  • NO RESERVATIONS. Steyn, Greta // Finweek;8/13/2009, p69 

    The article presents the author's view on the economic issues faced by Tito Mboweni, Reserve Bank Governor of Southern Africa. He notes that monetary policy is one of the issues faced by the Governor which now reaches at a delicate point. Moreover, it stresses that the main concern of the...

  • Long Term Economic Ratings To Stabilise Above 70.  // Africa Monitor: Southern Africa;Sep2005, Vol. 10 Issue 9, p5 

    Reports on the stability of long-term economic rating in 2005 in South Africa. Emergence of inflation and higher real property interest rates; Impact of high level of unemployment and the growth of gross domestic product per capita on the rating; Identification of the needs of the country to be...

  • Tourism Business Environment Ratings.  // South Africa Tourism Report;Q3 2008, p31 

    The article reports on the tourism business environment ratings in South Africa. One key business environment issue remains the interest rates and any further increases in interest rates by the South African Reserve Bank are likely to hit investment plans and private sector spending....

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics