MNI BRIEF: Canadians Fuzzy On How BOC Hikes Slow CPI, Government's Role

CANADA FLASH MAY GDP +0.1% ON FACTORIES AND REAL ESTATE

MNI China Daily Summary: Friday, June 28

MNI BRIEF: BCB Evaluating Real Depreciation Impacts - Galipolo

MNI BRIEF: PBOC Pledges to Curb Any Overshoot Of The Yuan: MPC

MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

MNI: BAKER HUGHES US RIG COUNT 581; OIL RIGS 479; GAS RIGS 97

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK Bond Supply Calendar: BoE APF on Monday

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

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

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

SOUTH AFRICA: SARB Press Conference Coming Up (14:00BST/15:00SAST)

SOUTH AFRICA
BulletEM BulletEmerging Market News
  • While the election results continue to filter in, attention will turn to the SARB rate decision coming up shortly. No change to rates are expected, with all 22 analysts surveyed by Bloomberg predicting the central bank to remain on hold at 8.25%.
  • Although inflationary pressures have continued to subside, key metrics monitored by the central bank remain above the +4.5% Y/Y mid-point of the target range. In addition, the SARB’s well-documented hawkish approach to monetary policy will likely lead to the hold decision being accompanied by rhetoric reaffirming determination to contain price growth.
  • See our full preview of the decision, with sell-side analyst views, here.
  • The press conference can be viewed live here.
110 words

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.
  • While the election results continue to filter in, attention will turn to the SARB rate decision coming up shortly. No change to rates are expected, with all 22 analysts surveyed by Bloomberg predicting the central bank to remain on hold at 8.25%.
  • Although inflationary pressures have continued to subside, key metrics monitored by the central bank remain above the +4.5% Y/Y mid-point of the target range. In addition, the SARB’s well-documented hawkish approach to monetary policy will likely lead to the hold decision being accompanied by rhetoric reaffirming determination to contain price growth.
  • See our full preview of the decision, with sell-side analyst views, here.
  • The press conference can be viewed live here.