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South African Reserve Bank Governor Lesetja Kganyago said inflation is expected to quicken over the next couple of months before cooling and that if it holds at current levels its forecasts predict lower interest rates....
South Africa's central bank has unilaterally lowered its inflation target, bypassing the finance ministry, which insists it alone holds the authority to set policy....
South Africa's move to a lower 3% inflation target may be phased in by the end of 2027, potentially resulting in official interest rates moderating to below 6%, Bank of America said....
South Africa's central bank Governor Lesetja Kganyago signaled confidence that inflation would remain within its target for the next two years, despite uncertainties stemming from US tariffs....
South African central bank chief Lesetja Kganyago flagged that dollar depreciation because of US tariffs and deflation in China are clouding the outlook for inflation locally ahead of a rate-setting meeting at the end of the month....
Dwindling inflation expectations are setting South African government bonds up to extend a rally that's already taken benchmark yields to five-year lows....
South African inflation expectations fell to an almost four-year low, providing policymakers with another reason to press ahead with their easing cycle....
A review of South Africa's inflation target by the National Treasury and the nation's central bank is close to completion, Governor Lesetja Kganyago said....