Published Sep 21, 2026, 9:26 AM ET · Updated 2 months ago · 1 source

Outlier Bank of America Sees Two South Africa Rate Hikes in 2026

bloomberg

Original Report

Rising inflation risks from the Iran war-induced oil shock and the Federal Reserve’s recent decision to raise borrowing costs have prompted Bank of America to pencil in two more interest-rate increases by the South African Reserve Bank this year.