South African Reserve Bank Holds Rates Amid Inflation Risks

23 Mwezi wa saba, 2026

Imeripotiwa na AI

The South African Reserve Bank kept its repo rate steady at 7 percent on Thursday, though a divided Monetary Policy Committee vote and warnings of upside inflation risks signal possible future hikes.

The Monetary Policy Committee held the policy rate unchanged at 7 percent, leaving the prime lending rate at 10.5 percent. Four members voted to maintain the rate while two supported a 25 basis point increase.

The decision came against a backdrop of Middle East conflict. The committee statement noted that oil prices have rebounded to roughly 90 dollars a barrel and headline inflation is expected to stay above 4 percent until early next year.

Governor Lesetja Kganyago said more data on second-round effects such as wages would emerge before the next meeting in September. Citibank Chief Economist Gina Schoeman argued an immediate hike was needed to address inflation pressures from higher oil prices.

Makala yanayohusiana

Banco de la República board unanimously holds interest rate at 11.25% in meeting with Finance Minister amid inflation and political tensions.

Banco de la República unanimously holds interest rate at 11.25%, defying hike expectations amid government tensions

30 Mwezi wa nne, 2026 Imeripotiwa na AI Picha iliyoundwa na AI

In its May 1, 2026 board meeting, Banco de la República unanimously kept the benchmark interest rate at 11.25%, surprising analysts expecting a hike to combat accelerating inflation. Finance Minister Germán Ávila participated fully, citing constructive dialogue, while board members justified the decision to maintain stability amid political pressures.

Bank of Korea faces growing pressure for rate hikes amid oil spike

The Bank of Korea faces mounting pressure for monetary tightening after a spike in global oil prices triggered by Middle East conflict. Markets increasingly expect the benchmark rate to reach 3 percent by year-end.

Central Bank holds interest rate at 4.5%

16 Mwezi wa sita, 2026 Imeripotiwa na AI

The Central Bank council agreed unanimously to hold the monetary policy rate at 4.5% in its June meeting.

Europe

ECB keeps deposit rate at 2.0 percent despite rising inflation

America

Central bank raises rates by 200 basis points amid rising inflation

Asia

Bank of Korea raises benchmark rate for first time in three and a half years

Softer inflation leads banks to expect RBI rate hold

Major banks have revised their forecasts for the Reserve Bank of India after recent softer inflation readings. Standard Chartered Bank has already dropped its call for an August rate increase. Most institutions now anticipate the central bank will stay on hold through FY27.

Villar says rates will stay high until inflation returns to target

19 Mwezi wa saba, 2026 Imeripotiwa na AI

Banco de la República general manager Leonardo Villar said monetary policy will keep rates high until inflation returns to the 2%-4% target range. The move followed the board's latest meeting.

Jumanne, 21. Mwezi wa saba 2026, 09:20:08

South African Reserve Bank Holds Rates Amid Inflation Risks

Makala yanayohusiana

Banco de la República unanimously holds interest rate at 11.25%, defying hike expectations amid government tensions

Bank of Korea faces growing pressure for rate hikes amid oil spike

Central Bank holds interest rate at 4.5%

ECB keeps deposit rate at 2.0 percent despite rising inflation

Central bank raises rates by 200 basis points amid rising inflation

Bank of Korea raises benchmark rate for first time in three and a half years

Softer inflation leads banks to expect RBI rate hold

Villar says rates will stay high until inflation returns to target

Nigeria external reserves hit 52.52 billion dollars

Ethiopia's central bank lifts credit cap and raises policy rate

Central Bank of Egypt to decide interest rates on Thursday

Banco de la República raises interest rates to 12 percent

Fed holds rates steady but signals possible hike amid inflation

Reserve Bank of India keeps repo rate at 5.25 percent

Reserve Bank of India expected to hold policy rate steady

Central bank of egypt holds interest rates amid rising inflation outlook

Central Bank of Egypt expected to keep interest rates unchanged

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