More interest rate pain ahead as Kganyago says SA must learn from first-world problems | Fin24 - News24

Governor Lesetja Kganyago says the risk of stagflation in developed countries should serve as a lesson for those objecting to the bank's fight against inflation.

Adding to other pressures on household budgets – including rocketing fuel and food prices – the SA Reserve Bank’s (SARB) modelling indicates that interest rate hikes in the coming months may be steep… [+27 chars]

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