federal reservelatest news & developments
Kevin Warsh. Win McNamee/Getty Images

What Warsh’s comms experiment means for South Africa 

A less communicative Federal Reserve under chair Kevin Warsh isn’t all bad news for emerging markets

oil see-saw. Rawpixel/Currency

Dizzying reversal in oil prices has rates in and out of play

Lower oil prices have eased inflation risks and boosted bonds, but uncertainty over expectations and US rates keeps a July hike in play

Lesetja Kganyago. Gallo Images/Alet Pretorius

Rand rally keeps rate cuts in play

The Reserve Bank’s monetary policy committee voted four to two to keep rates on hold, but March may finally see some relief

Donald Trump: (Photo by Andrew Harnik/Getty Images) Lesetja Kganyago: (Photo by Per-Anders Pettersson/Getty Images) Jerome Powell: (Photo by Kent Nishimura/Getty Images)

Kganyago joins revolt against Trump’s Fed threat

The SARB governor is among a group of 13 central bank chiefs who have come out in support of Federal Reserve chair Jerome Powell

FILE – Federal Reserve Chairman Jerome Powell, right, and President Donald Trump look over a document of cost figures during a visit to the Federal Reserve, Thursday, July 24, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson, File)

Trump-Powell tensions flare as DOJ targets Fed

Delve into the controversial Trump DOJ subpoenas directed at Jerome Powell and what this means for the Federal Reserve and markets

Donald Trump. Picture: Robert Perry/Getty Images

The SARB’s Trump headache

Donald Trump’s ‘America First’ policies threaten to stoke inflation worldwide. Investors and households better brace for fewer interest rate cuts

Curerncy Viewpoint

How low will rates go, and will South Africa follow?

Global interest rates entered the long-anticipated cutting cycle in the third quarter, marking a major shift in monetary policy for developed markets such as the US and the…

Rand Dollar Echange fortune teller

Could the rand reach R13/$?

Old Mutual chief economist Johann Els has such a divergent view on how the rand will perform that it often keeps him up at night. On those evenings, he sifts through his analysis…