CHRIS GILMOUR: Focus in 2022 likely to be on interest rate increases
Emerging economies like SA will feel the heat of hikes in developed countries
05 January 2022 - 14:52
As the world enters 2022, it appears increasingly likely that this will be a year of progressively rising interest rates, not just in the US but around the world.
At long last, US Federal Reserve chair Jerome Powell has come to terms with the realisation that inflation in the US is not necessarily “transitory”, and at the last Fed meeting it was stated unequivocally that interest rates would rise in 2022 and 2023 in response to higher inflation...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.