Inflation Outlook Gives Kganyago Room to Help S. Africa GrowthBy
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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