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Tag: rate

South Africa’s rate hike leaves uncertainty over the rand

Lesetja Kganyago, governor of the South African Reserve Bank.Waldo Swiegers/Bloomberg via Getty ImagesThe South African Reserve Bank has fired the starting gun on monetary policy normalization, but economists do not expect the hiking cycle to be plain sailing.The SARB on Thursday hiked its...

The first Fed rate hike is now expected as early as July following the hot CPI data

Traders on the floor of the NYSESource: NYSETraders in the futures markets moved up their expectations for the first Federal Reserve interest rate hike to July from September, following a hotter than expected inflation report."It's a very sharp move we're seeing the back...

Some Thoughts on the Highest Inflation Rate in 30 Years

We just got the highest inflation print in the United States since 1990: I will allow Mugatu to summarize: Here are some random thoughts on the highest inflation numbers in more than 30 years: This story will have legs. You could go through the inflation components...