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Home South Africa

South Africa is heading for bigger-than-expected interest rate hikes: Standard Bank

admin by admin
June 14, 2022
in South Africa
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The Standard Bank group has revised its interest rate forecasts for 2022, with the bank now expecting more hikes as inflation continues to bite.

“Since reporting in March 2022, the global macro-economic outlook has deteriorated. Growth has slowed, inflation has risen, and uncertainty has increased. Key drivers include the ongoing conflict in Ukraine, the strict lockdowns in China, and…



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