At its last meeting in March, the SARB which targets inflation between 3% and 6% surprised analysts with a larger-than-anticipated 50 basis point hike. Wandile Sihlobo, chief economist at the Agricultural Business Chamber of South Africa, said in a research note that he expected food price increases to remain elevated in the coming months, when they would likely peak.
Marketmind: Crowded Bonds Unnerved usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
LONDON, April 19 (Reuters) - Euro zone government bond
yields jumped to their highest level in more than a month on
Wednesday, with investors bracing for interest rates to rise
further as worries about the financial system fa. | 03:47am
A look at the day ahead in U.S. and global markets from Mike Dolan For an investment world now so convinced of looming recession and substantially pos.