Room for more interest rate hikes in South Africa: Kganyago

[BusinessTech]

Room for more interest rate hikes in South Africa: Kganyago

On the sidelines of the World Economic Forum in Davos, Lesetja Kganyago speaks on the current eocnomic state of South Africa.

 

[ToxicBunny]

In some ways he's probably not wrong, but at the same time further hikes are gonna fsck up a lot of people who are living right on the edge.

 

[mojoman]

Is there anyone who doesnt expect more and more hikes....?

 

[Sarg3_ZN]

In some ways he's probably not wrong, but at the same time further hikes are gonna fsck up a lot of people who are living right on the edge.

The only people not tightening their belts are the corrupt politicians and their tender buddies.

 

[killerbyte]

I am hoping the rate hike will strengthen the Rand at least for a few days so I can get some money out

 

[BuckRogers]

The rate of hikes should slow down, until maybe some cuts in Q1 2024. (fingers crossed)