ECONOMIC WEEK AHEAD: No changes expected from Reserve Bank and S&P

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Soccer coach Dan Malesela asks why he is not given the respect he deserves

Despite weak economic growth and low inflation, an interest rate cut and a rating downgrade are not likelyDespite weak economic growth and low inflation in recent months, an interest rate cut this week is not likely — and neither is a downgrade from S&P Global Ratings.

The combination of lower economic growth and inflation that is comfortably within the Bank’s 3%-6% target band will not be enough to spark an interest rate cut, given the Bank’s stated desire to see inflation expectations anchored closer to the 4.5% mid-point of the target band. Inflation rose to the mid-point of the target range in March, following hefty fuel-price increases. The April inflation print is expected to edge up in the wake of the steepest increase at the petrol pumps in four years and a hike in government levies, which took effect at the beginning of May.

 

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He better go ask Lesetja Kganyago

🤣🤣🤣🤣 Whow ntlokom nqanda. I read the headline saw the picture and the story. No tweeting on weekends.

Tweeting too much with a double tot gives too much ideas and you end up mixing tweets, ask me.....hahaha

drinking and tweeting

Deserves it from who,based on what?

He is drunk this one. Log off and enjoy the beer sbhanxa.

I say again, don’t drink and tweet🙂

He wasted his time at Chippa United. I suspect he will go back again in the near future as they are always changing coaches.

the headline n story not the same Dans wants respect from who? Bafana bafana?

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ECONOMIC WEEK AHEAD: No changes expected from Reserve Bank and S&PDespite weak economic growth and low inflation, an interest rate cut and a rating downgrade are not likely, writes Sunita Menon
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