After a week filled with central banks around the globe pivoting in a more hawkish direction, we have now pencilled more hikes into our interest rate profile for South Africa (but only after a pause in the tightening cycle in January due to the Omicron wave). At this point, the authorities there have still not moved to tighten virus containment measures. The same applies elsewhere in the region, even though COVID-19 cases have started to pick up too.
– This will be the last Economics Weekly for 2021. The next Weekly will be sent on Friday 7th Jan. 2022 –
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