{"id":2355,"date":"2014-09-18T15:31:39","date_gmt":"2014-09-18T13:31:39","guid":{"rendered":"http:\/\/www.ijg-research.net\/?p=2355"},"modified":"2014-09-18T15:32:45","modified_gmt":"2014-09-18T13:32:45","slug":"sarb-keeps-rate-unchanged","status":"publish","type":"post","link":"https:\/\/ijg.net\/research\/sarb-keeps-rate-unchanged\/","title":{"rendered":"SARB keeps rate unchanged"},"content":{"rendered":"<p>The South African Reserve Bank kept interest rates unchanged at 5.75% in their September meeting, citing a marginally improved inflation outlook (despite high August inflation at 6.4%), coupled with an anemic growth outlook. The improved inflation outlook comes despite a weakening exchange rate vs the US dollar, on account of notable declines in global food and fuel prices.<\/p>\n<p>The decision to keep rates unchanged was in line with expectations, and is viewed as a positive for the SA markets. Additionally, the decision means that the Bank of Namibia is less likely to hike rates at their next MPC meeting in October.<\/p>\n<p>The full statement can be seen below:<\/p>\n<iframe src=\"\/\/docs.google.com\/viewer?url=http%3A%2F%2Fwww.ijg-research.net%2Fwp-content%2Fuploads%2FMPC-Statement-18-September-2014-.pdf&hl=en_US&embedded=true\" class=\"gde-frame\" style=\"width:100%; height:500px; border: none;\" scrolling=\"no\"><\/iframe>\n<p class=\"gde-text\"><a href=\"http:\/\/www.ijg-research.net\/wp-content\/uploads\/MPC-Statement-18-September-2014-.pdf\" class=\"gde-link\">Download (PDF, 187KB)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The South African Reserve Bank kept interest rates unchanged at 5.75% in their September meeting, citing a marginally improved inflation outlook (despite high August inflation at 6.4%), coupled with an anemic growth outlook. The improved inflation outlook comes despite a weakening exchange rate vs the US dollar, on account of \u2026 <a class=\"continue-reading-link\" href=\"https:\/\/ijg.net\/research\/sarb-keeps-rate-unchanged\/\"> Continue reading <span class=\"meta-nav\">&rarr; <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,12],"tags":[],"class_list":["post-2355","post","type-post","status-publish","format-standard","hentry","category-economicresearch","category-teamcommentary"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/posts\/2355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/comments?post=2355"}],"version-history":[{"count":2,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/posts\/2355\/revisions"}],"predecessor-version":[{"id":2358,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/posts\/2355\/revisions\/2358"}],"wp:attachment":[{"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/media?parent=2355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/categories?post=2355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/tags?post=2355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}