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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Interest Rate

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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 6

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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 15

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