Inflation Outlook Gives Kganyago Room to Help S. Africa Growth

Updated on
  • S&P, Fitch seek growth to retain investment-grade rating
  • SARB’s mandate is to keep inflation between 3% and 6%

Falling inflation expectations may have come at the perfect time for South African central bank Governor Lesetja Kganyago, who is caught in a rate-increase cycle when ratings companies have told the country to boost growth or have its credit rating cut to junk.

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