Last week saw markets digest the impact of monetary policy rate cuts by Central Banks. The focus has now shifted from when the cuts will take place to how much lower monetary policy rates will go. The global economy is starting to turn the corner, with declining inflation and robust trade growth according to the Organisation for Economic Cooperation and Development…
Last week saw a flurry of central bank activity, with the US Federal Open Market Committee cutting rates by 50 basis points and the SARB’s Monetary Policy Committee (MPC) cutting its repo rate by 25 basis points to 8.0%…
All eyes will be on Central Bank policy interest rate decisions this week as the US Federal Reserve’s anticipated rate cut takes center stage. Locally, the South African Reserve Bank’s MPC is expected to cut the repo rate for the first time since the repo rate was hiked to 8.25% in May 2023…
As the global economy nears a pivotal moment in monetary policy, with interest rate cuts on the horizon, investors face a critical juncture in asset allocation. Maanda Matambele, Prowess Business Development Manager, explores how to stay ahead in a season of transition…
Last week, the US non-farm payrolls for August disappointed, with July’s figure revised downward too, further fueling the debate over how much, and not whether, the FED will cut rates in September. Locally, the South African economy showed signs of recovery as GDP numbers rose in the second quarter of the year…
After months of speculation, Fed chair Powell has declared the time right for ‘policy to adjust’ and for the interest rates cutting cycle to begin. Locally, SA is on an upward trend with commitment from both govt and business to address energy and logistics to stimulate economic growth…
Last week, U.S. Federal Reserve (Fed) signaled potential interest rate cuts in the coming months as inflation risk is perceived to have diminished. South Africa’s inflation for July also cooled, paving the way for potential rate cuts by the SARB in September, potentially bringing much needed relief for South African consumers…
Last week US Consumer Price Inflation (CPI) came in a touch softer than expected with very minimal reaction from the market. Softer US inflation reinforced investor expectations of a Fed rate cut in September. Locally, retail sales numbers came in stronger than expected, demonstrating a resilient SA consumer in the face of high interest rates…
Last week, market risk aversion rose markedly following concerns about the possibility of a US recession. Meanwhile locally, foreign holdings of South African government bonds increased…
Last week, the Fed kept interest rates unchanged, but signalled they are moving closer to cutting rates on the back of easing inflation and cooling US non-farm payrolls data. Weaker than expected employment growth together with an increase in unemployment sparked fears of a slowdown in the US economy, prompting predictions of action by the Fed to cushion the economy…
