Oil spike and bond sell-off keep rate hike in play
Why being bitten by the bug is not a bad thing
A sharp drop in July inflation has led economists to rethink interest rate projections
Markets bet on a hike, some economists are seeing a hold next month
Predictions for further rate hikes are all over the show after the Reserve Bank’s surprise pause
Consumer inflation hit a two-year high of 5% in June, firming bets on a SARB rate hike at Thursday’s MPC meeting
A frenzied gold rally in January has long since cooled, but the World Gold Council reckons the precious metal is back at a tipping point
Oil-shock inflation expectations have jumped even as fuel prices ease, putting the SARB’s July rate call on a knife edge
Lower oil prices have eased inflation risks and boosted bonds, but uncertainty over expectations and US rates keeps a July hike in play
May’s 4.5% inflation print keeps a July rate hike possible, but easing oil prices and an Iran deal may give the SARB room to pause
Mark your calendar: here is the political and economic news to watch out for this week
First-quarter GDP beat expectations at 0.5%, but household consumption fell to a two-year low, signalling economic headwinds amid rising rates.
The SARB hiked 25bps to 7% but debated 50 – and its revised inflation and oil assumptions mean a July increase is already on the table
Higher oil prices, rising inflation and the rand: South Africans need to brace for a 25-basis-point rate hike
Bond yields are at levels last seen in the 2007 crisis. Equities are at record highs. One of these markets is wrong – and it’s probably not bonds
South African inflation hit a 20-month high of 4% in April. The fuel surge from the Iran war has shifted the rates conversation to possible hikes
Mark your calendar: here is the political and economic news to watch out for this week
Treasury’s fuel-price relief ends in July, and if the Iran war drags on, the prime interest rate could surge above 11.5%
Findings show that almost all households share a common fear – they worry that solar panels can be stolen
March CPI rose to 3.1%, within the SARB’s 3% target band, but the Iran conflict’s oil price shock is set to push April inflation sharply higher
