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Too Soon to Call South Africa Rate-Hike Cycle End, Kganyago Says
JOHANNESBURG (Capital Markets in Africa) – South Africa’s central bank can’t yet call the end of its interest rate-increase cycle, even as the risks to inflation have eased since the Monetary Policy Committee’s January meeting, Governor Lesetja Kganyagosaid. “It’s too early for me to make the call as to whether we are still on the tightening cycle or not,” Kganyago said in an interview with Bloomberg Television’s Jonathan Ferro. “We can’t say that” the increased cycle is…
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