TITLE

Monetary Easing: Pausing, But Not Stopping

PUB. DATE
August 2009
SOURCE
Africa Monitor: Southern Africa;Aug2009, Vol. 14 Issue 8, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents the views of the Business Monitor International Ltd. (BMI) on the decision of the South African Reserve Bank to keep interest rates on hold. The BMI states that the decision was against their expectation and they believe that there further cuts in the second half of 2009. A forecast by the BMI states that the weak real gross domestic product growth in the second quarter of 2009 may force the central bank to lower borrowing rates.
ACCESSION #
43225821

 

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