Finance Minister Enoch Godongwana has officially reduced South Africa's inflation target to 3% with a tolerance band of 1 percentage points on either side over the next two years in a bid to ease the ...
This paper examines the effectiveness of inflation targeting (IT) frameworks during the global inflation surge of 2022, a shock primarily driven by large adverse supply side disruptions following the ...
The Federal Reserve's policy framework is in flux, with credibility eroding after 4.5 years of missing its 2% inflation target. Current rate-cutting bias persists despite persistent inflation ...
Japanese companies sold a record amount of yen-denominated bonds targeting individuals this year, in the latest sign that sticky inflation is causing households to shift more of their $14.3 trillion ...
With inflation at 2% and modest softening in price growth expected in the months ahead, the European Central Bank can afford to wait for more direction on the economy before deciding its next move.
Jan 5 (Reuters) - India is likely ‌to retain the existing ‌inflation target for its central bank with the setup viewed as effective in managing ‍prices, Bloomberg News reported on Monday, citing ...
WASHINGTON, DC - NOVEMBER 08: Fed Chairman Jerome Powell prepares to deliver remarks to the The Federal Reserve's Division of Research and Statistics Centennial Conference on November 08, 2023 in ...
Business Insider Africa on MSN

South Africa may hit 3% inflation target in 2026

South Africa’s inflation is on course to meet the South African Reserve Bank’s (SARB) revised 3% target in 2026, with prices remaining broadly stable. ・South Africa's central bank anticipates meeting ...