Today’s split MPC decision in South Africa shows significant minority support for tighter policy. But if the hawks couldn’t swing today’s vote, it’s unlikely that they will succeed in pushing for a rate hike over the next six months or so – with the rand stabilising and inflation easing, pressure for a hike should fade.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.