Published Jul 1, 2026, 5:19 AM ET · Updated 4 months ago · 1 source

Kganyago Signals South Africa Could Hike Rates Again This Month

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Kganyago Signals South Africa Could Hike Rates Again This Month

South African Reserve Bank Governor Lesetja Kganyago said inflation expectations have risen above the central bank’s 3% target, justifying the May interest-rate increase and signaling further tightening may be needed when policymakers meet later this month.