Tag Archives: US FED

US Federal Rate Hike- South Africa a Loser

By Vivian Atud As expected the US Federal Open Market Committee has finally taken the United States- world’s biggest economy off life support. This happened yesterday when the US Fed Chair Woman-Janet Yellen announced a 0.25 percent rate hike for the first time since 2008. What does this mean for the US economy? On the one hand, the U.S. government […]

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Why the JSE closed lower last week Friday

By Sunburst Staff Trading on the JSE started high last week and closed weaker on Friday. This was after trading lower for most of the week. This was as markets responded to decision of the Reserve Bank statement released on Thursday in which interest rates were kept unchanged. According to the bank’s monetary policy committee (MPC), the deteriorating inflation outlook […]

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Global Market and Economic Updates

Economy Following the Fed’s dovish policy statement last week, investors will again tune in to Fed Chair Janet Yellen, as the market struggles to figure out the timing of the next rate hike. After a week of volatile moves in bonds, stocks and currencies, Yellen will discuss her own view on how Fed policy should evolve from here. Friday’s data […]

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The Worst is Yet to Come for South African Consumers

By Vivian Atud The year 2015 started on a very high note for consumers in South Africa: oil prices were at record lows resulting in low petrol prices at the pumps, January also saw a decrease in consumer price inflation. The Reserve bank Monetary Policy Committee at the January MPC meeting kept interest rates unchanged, given a better inflation outlook […]

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