Interest rate decision reflects inflation risks, despite August inflation surprising lower

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In this podcast, STANLIB’s Chief Economist, Kevin Lings, focuses on SA inflation data for August, which surprised on the downside. Inflation is forecast to rise to over 5% through to the end of the year on fuel increases and higher food prices. This may see interest rates go higher, following the recent 25 basis point increase. He also discusses the criticism that interest rates are hurting economic growth.

STANLIB Asset Management (Pty) Ltd is an authorised Financial Services Provider in terms of the FAIS Act.
28 Sep English South Africa Investing · Business News

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