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Morgan Stanley Sees SARB Rate Hike to Keep Inflation on 3% Path

Source: Bloomberg

Monetary PolicyInterest Rates & YieldsInflationEnergy Markets & PricesEmerging MarketsAnalyst Insights

Morgan Stanley reversed its South Africa rate call and now expects the central bank to raise borrowing costs this week. The shift reflects renewed oil-price pressure and the risk that inflation takes longer to return to the 3% target, signaling a more hawkish policy outlook for South African assets.

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