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South Africa’s Kganyago Sees Room for Caution on Rate Moves

South Africa’s Kganyago Sees Room for Caution on Rate Moves

Key Highlights

  • South Africa’s central bank chief Lesetja Kganyago said policymakers can afford to respond cautiously to the aftereffects of inflation shocks such as higher oil prices caused by the Iran war and a looming drought.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.

South Africa’s central bank chief Lesetja Kganyago said policymakers can afford to respond cautiously to the aftereffects of inflation shocks such as higher oil prices caused by the Iran war and a looming drought.

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