×

We've got news for you.

Register on SowetanLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Analysts predict rate hike

Global analysts Lehman Brothers, who have visited SA, say they have revised up their inflation forecast and expect an additional 100 basis points of policy tightening. "It is hard to remember another time when there was such a sustained shock to prices from such a variety of sources - most significantly food and energy prices, and a weaker rand," say the analysts. - I-Net Bridge

Global analysts Lehman Brothers, who have visited SA, say they have revised up their inflation forecast and expect an additional 100 basis points of policy tightening. "It is hard to remember another time when there was such a sustained shock to prices from such a variety of sources - most significantly food and energy prices, and a weaker rand," say the analysts. - I-Net Bridge

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.