MNI BRIEF: Fed's Collins Urges Patience On Judging Inflation

CORRECTED: MNI BOE WATCH: On Hold And Splits Set To Continue

MNI China Daily Summary: Tuesday, June 18

MNI: PBOC Net Injects CNY84 Bln Via OMO Tues; Rates Unchanged

CHINA PBOC CONDUCTS CNY86 BILLION VIA 7-DAY REVERSE REPOS TUES

MNI: US TSY TICS NET FLOWS IN APR +$66.2B

US Treasury Auction Calendar

Notable Moderation In PCCI In May, But Services Persistence Still Noted

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

SARB Press Conference Beginning Shortly (13:00GMT)

SOUTH AFRICA
  • The SARB's decision will be announced during a press conference starting at 13:00GMT/15:00SAST.
  • The Bank are widely expected to stand pat on rates, albeit a turning point is on the horizon. Headline inflation cooled further in December after a temporary spike into 4Q2023, while core inflation sits close to the mid-point of the +3.0%-6.0% Y/Y target range.
  • Still, recent communications suggest that the SARB does not consider its job done and wants to ensure that inflation is anchored firmly around the target mid-point. The absence of dovish-leaning Deputy Governor Kuben Naidoo, who left the central bank at the turn of the year, may delay the pivot to monetary easing.
  • See our full preview of the decision, with a summary of sell-side analyst views, here.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

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.