Bank of America expects two more interest rate hikes in South Africa

shooter69 said:
Lol why Bank of America?
Click to expand...

because thats how bankers work, they communicate through these hints

the SARB has a nice qualifier in that they can say they are mandated by the constitution to follow best international practice

what the BoA fails to mention is that the interest rate hike should take the rates to well over 20%, they are normalising these ineffective increases to give off the impression the SARB is doing something to combat the problem they have created
 
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