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Global Macro
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI China Daily Summary: Wednesday, December 11
SARB Leave 2024 Average Inflation Forecast Unchanged at 5%
- SARB sees inflation avg 5% in 2024; Unch. from Nov.
- SARB sees inflation avg 4.6% in 2025; saw 4.5%
- SARB sees core inflation avg 4.6% in 2024; Unch. from Nov.
- SARB sees core inflation avg 4.6% in 2025; saw 4.5%
- SARB leaves 2024 GDP growth Est. Unchanged at 1.2%
- SARB sees 2025 GDP growth at 1.3% in 2025, 1.6% in 2026
- SARB model sees repo rate 7.54% by end '24; saw 7.55%
- SARB model sees repo rate 7.29% by end '25; saw 7.32%
- SARB model sees repo rate 7.3% by end '26; saw 7.3%
- SARB says risks to inflation outlook still to upside
- SARB sees risks to m/t growth outlook as balanced (BBG)
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.