The big event next week is South Africa’s MPC meeting which will be a very close call, but on balance we think that the first rate hike will not be delivered just yet. And, further ahead, the tightening cycle is likely to be more gradual than investors currently anticipate.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services