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SARB’s Kganyago Rules Out Rate Cuts With Sticky Inflation
Posted
January 16, 2024
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7:18Now PlayingSouth Africa Reserve Bank Governor Lesetja Kganyago says inflation is in target, “but it is not quite where we would like to see it.” He ruled out cutting interest rates while inflation remains persistent during an interview on Bloomberg Television at the World Economic Forum’s annual meeting in Davos, Switzerland.
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