South Africa’s central bank has raised its benchmark interest rate to 7.25%, citing inflation pressures that have intensified alongside broader geopolitical tensions in the Middle East....
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Reserve Bank Raises Rates as Inflation Pressures Override Growth Concerns
A central bank has moved to tighten monetary policy even as economic growth remains sluggish, choosing to prioritize the fight against inflation over fears of further...
Reserve Bank Governor Warns on Inflation as Rate Decision Looms
A central bank governor has issued a pointed warning about inflation pressures just ahead of an interest rate decision, signaling that policymakers are keeping a firm...