NOW Ep82: The great interest rates pivot

Loading player...
As central bankers worldwide shift towards easing monetary policies, what kind of rate-cutting cycle are we entering? In the latest episode of No Ordinary Wednesday, Investec Treasury Economist Tertia Jacobs shares her expert insights on the factors that will the trajectory of interest rates in the coming months.

00:00 – Introduction
01:35 – What factors will influence the pace of interest rates cuts in the US?
03:10 – What will the SARB contend with in determining the trajectory of rate cuts?
04:42 – What do you expect, big cuts upfront or more gradual?
05:46 – What would be the impact of a front-loaded approach?
06:52 – Inflation outlook
08:34 – What pace of interest rates cut are you expecting for other developed markets?
10:00 – What are your expectations for other emerging markets?
11:20 – What’s driving the bond market in SA?
12:27 – How will rate cuts impact government bonds?
13:10 – Fiscal consolidation in South Africa
14:40 – GDP outlook

Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business.

Read more on www.investec.com/now
Chapters
  • 00:00 Introduction
  • 01:35 What factors will influence the pace of interest rates cuts in the US?
  • 03:10 What will the SARB contend with in determining the trajectory of rate cuts?
  • 04:42 What do you expect, big cuts upfront or more gradual?
  • 05:46 What would be the impact of a front-loaded approach?
  • 06:52 Inflation outlook
  • 08:34 What pace of interest rates cut are you expecting for other developed markets?
  • 10:00 What are your expectations for other emerging markets?
  • 11:20 What’s driving the bond market in SA?
  • 12:27 How will rate cuts impact government bonds?
  • 13:10 Fiscal consolidation in South Africa
  • 14:40 GDP outlook
17 Sep 2024 English South Africa Business · Investing

Other recent episodes

Macro Monday Ep117: Tech sector lifts emerging markets

While the tech sector has been a well-known driver of earnings and performance on Wall Street, it’s also been the major contributor to emerging markets as well. Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International says that’s largely to the contributions of TSMC in Taiwan and Samsung…
1 Jun 11 min

Macro Monday Ep116: Don’t expect much lower energy prices soon

US President Donald Trump announced over the weekend that the US and Iran were close to finalising a deal to end the war. However, notes Investment Strategist Osa Mazwai, even if the Strait of Hormuz were to be reopened completely, it will take some time for traffic to return to…
25 May 11 min

Wine in Focus | Inside the judging room: How wines win

Ever wondered what actually happens behind closed doors at a wine competition? How do judges decide what makes a wine exceptional and what separates a gold medal from the rest? In this episode of Wine in Focus, Palesa Mapheelle is joined by local wine doyenne, Michael Fridjhon and Wine Master…
20 May 27 min

NOW Ep 127: The Everything Shock

What began as a geopolitical conflict is rapidly becoming something much larger. Oil is only one part of the story. Natural gas, fertilisers, chemicals, shipping routes, aluminium, aviation fuel and global supply chains are all now being affected by the fallout from the Iran war. In the latest episode of…
20 May 27 min