ECONOMY WATCH: A tale of two uncertainties
There are two key issues on the economics calendar to watch in March: whether Moody’s junks SA’s last remaining investment-grade credit rating, and whether the Reserve Bank cuts interest rates again
27 February 2020 - 10:00
There are two key issues on the economics calendar to watch in March: whether Moody’s Investors Service junks SA’s last remaining investment-grade credit rating, and whether the Reserve Bank cuts interest rates again.
Of these, Moody’s ratings review on March 27 is generating the greatest anxiety. Most economists seem to be expecting the worst, but it’s not a done deal. Much will depend on the credibility of the fiscal plan set out in the February national budget...
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