Consumer inflation slows to lowest in 3 years, spells GOOD news
After holding steady for 10 months in the 5-6% range, annual consumer price inflation slowed to 4.6% in July 2024 from 5.1% in June 2024. According to the Stats SA …
interest rate
BAD news for coffee lovers in South Africa
Annual consumer price inflation slowed to 4.6% in July 2024 from 5.1% in June 2024, as reported by The South African website on Wednesday. Pressure still present According to the …
Canada’s inflation rate dips to 2.5% in July, lowest since March 2021
Canada’s annual inflation rate dropped to 2.5 per cent in July — down from 2.7 per cent in June, Statistics Canada said Tuesday. The national statistics agency said inflation increased at the …
Interest rate announcement is good news for property investors
Article written by Ryan Hunt from HUNT Properties, our contributing expert on the South African property market. Receiving the news that the repo rate remains unchanged at a 15-year high …
Opinion | China’s overheated government bond market is the least of its worries
Who said China’s financial markets were in turmoil? Since January last year, the yield on the country’s benchmark 10-year government bond – which moves inversely to prices – has fallen …
Opinion | Why messy end to negative interest rates won’t dent Japan’s appeal
This fuelled a sharp rally in the yen, causing a disorderly unwinding of the yen-funded “carry trade” and contributing to a staggering 20 per cent decline in the Topix index, …
Commercial vehicle sales volume to fall 3-6 pc in FY25: Report
New Delhi: Commercial vehicle sales volume is expected to decline 3-6 per cent in the current fiscal due to a slump in demand, according to a report by CareEdge Ratings. …
Bank of Canada cuts key interest rate for 2nd consecutive time, to 4.5%
The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, a move that was widely expected by economists after inflation eased in June. The decision marks …
SA Reserve Bank keeps interest rates on hold
As was expected, the South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) left interest rates unchanged on Thursday. It was the seventh consecutive meeting that the interest rates had …
The Bank of Canada’s growing list of worries
For months, the Bank of Canada has been trying to thread a needle: slow the economy just enough to get inflation back under control but not so much that it causes …