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Kganyago defends rate hike as safeguard against inflation expectations

Lag in policy effects ruled out waiting for more evidence, Bank governor says

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businessday.co.zaStai leggendo3 mesi fa

Kganyago defends rate hike as safeguard against inflation expectations

Lag in policy effects ruled out waiting for more evidence, Bank governor says

originale

iol.co.za3 mesi fa

Sarb siginals unwavering commitment to 3% inflation target despite global supply shocks

SARB raises repo rate to 7% anchoring 3% inflation target against Strait of Hormuz shocks and fuel price surges. Higher borrowing costs squeeze tech capex; enterprise IT spending tightens, signaling weaker M&A and hiring through 2026.

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Timeline cronologica

martedì 2 giugno 2026·iol.co.za
Rate hike has a hidden upside for South African savers
Interest rate hike demonstrates SARB’s commitment to defending inflation target – and there’s also a silver lining for savers, says Jurgen Eckmann, Wealth Manager at Consult by…
martedì 2 giugno 2026·iol.co.za
Sarb siginals unwavering commitment to 3% inflation target despite global supply shocks
Sarb Governor Lesetja Kganyago emphasises the importance of maintaining a 3% inflation target, discussing the recent repo rate hike and the impact of global supply shocks on the…

Kganyago defends rate hike as safeguard against inflation expectations

Sarb siginals unwavering commitment to 3% inflation target despite global supply shocks

Timeline cronologica

Rate hike has a hidden upside for South African savers

Sarb siginals unwavering commitment to 3% inflation target despite global supply shocks

Kganyago defends rate hike as safeguard against inflation expectations

Kganyago sees inflation minus fuel peaking early in 2027