US inflation, interest rates and SA’s rising unemployment
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What do the latest US inflation data and South Africa’s rising unemployment rate mean for the economic outlook?
In this episode, STANLIB Chief Economist Kevin Lings examines the latest US inflation figures, which eased to 3.4%, but remain above the Federal Reserve’s target. He also explores what this means for US interest rates and the Fed’s likely “wait and see” approach.
In South Africa, unemployment climbed to 33.6% in Q2, its highest level in four years, highlighting the continued weakness in the jobs market amid GDP growth of less than 1% over the past three years.
Listen to Kevin Lings’ analysis of US inflation, interest rates, South Africa’s unemployment rate and the broader economic outlook.
STANLIB is an authorised Financial Services Provider in terms of FAIS and a registered manager in terms of CISCA.
In this episode, STANLIB Chief Economist Kevin Lings examines the latest US inflation figures, which eased to 3.4%, but remain above the Federal Reserve’s target. He also explores what this means for US interest rates and the Fed’s likely “wait and see” approach.
In South Africa, unemployment climbed to 33.6% in Q2, its highest level in four years, highlighting the continued weakness in the jobs market amid GDP growth of less than 1% over the past three years.
Listen to Kevin Lings’ analysis of US inflation, interest rates, South Africa’s unemployment rate and the broader economic outlook.
STANLIB is an authorised Financial Services Provider in terms of FAIS and a registered manager in terms of CISCA.
