insert_link Business / Economics SA’s inflation sinks below reserve bank target South Africa’s consumer inflation has dipped below the SA Reserve Bank's key target of 4.5%, cooling to 4.4% in August from 4.6% in July. News24 reports that this should seal the deal for an interest rate cut on Thursday. Economists expect a 25 basis-point cut following a meeting of the MPC on Thursday. Another cut of the same size is expected in November. todaySeptember 18, 2024 4
insert_link World Bank of Japan confident on reaching inflation goal The Bank of Japan says it is optimistic the conditions will become right to tweak ultra loose monetary policy in the future. It held off any policy adjustments at its first policy meeting of the year on Tuesday, saying its waiting to sustainably hit its 2-percent inflation target. Chris Gilbert reports from Tokyo. todayJanuary 24, 2024 14
