Regional Director and CEO ofRE/MAX ofSouthern Africa, Adrian Goslett, says that if interest rates do rise, this will put some strain on the property market. “As things stand, many homeowners are struggling to keep up with the repayments on their home loans and our distressed property depart...
Keeping an eye on the Fed and worried about currency volatility if rates stay higher for longer. The decision to keep the repo rate unchanged, with two members in favour of a rate cut, was indicative of a more robust discussion within the MPC about the direction of interest rates, since t...
“While inflation in the US has come out at levels last seen in 1982, putting upward pressure on interest-rate expectations in the US, the Sarb should take a more measured approach and keep interest rates on hold. While price path data continues to come in we expect domestic inflation will...
its mandate of protecting the purchasing power of the country's citizens. To this end, we use quarterly data covering the post-inflation targeting era of 2002:Q1 to 2019:Q4 to re-examine Fisher's hypothesis for the South African economy by testing for stationarity in real interest rates. Our...
2019. Negative Nominal Interest Rates and the Bank Lending Channel NBER Working Paper No. 25416. Google Scholar Gagnon, J, Raskin, M, Remache, J, and Sack, B. 2010. Large-scale asset purchases by the Federal Reserve: did they work? Federal Reserve Bank of New York, Staff Report No,...
Inflation rose from 3.2% to 4.4% in April but could rise further in the months ahead due to a mixture of statistical base effects, movements in oil prices and an anticipated South African economic recovery, which would risk drawing interest rate rises from the SARB, although the...
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Knowledge of the genetic diversity, geographical distribution, and host specificity of SarbeCoVs is therefore of interest for pandemic surveillance and origin tracing of SARS-CoV and SARS-CoV-2. This study presents a comprehensive repository of publicly available animal-associated SarbeCoVs, covering 1...
SARB cuts again.Reports on the decision of South African Reserve Bank's (SARB) monetary policy committee to reduce its interest rates. Percent reduction in repossession and prime lending rates; South African currency performance against the dollar; Central bank's target lending rate....
The article discusses the monetary policy of the South African Reserve Bank (SARB) and its consideration in choosing between Scylla and Charybdis. It analyzes the bank's decision to increase interest rates by 50 basis points to the detriment of businesses and homeowners struggling with mortgage and...