Stablecoins, especially dollar-pegged ones, are a looming danger. Europe’s digital euro is a good counter-move but the US leads this digital financial race
The third instalment of Lessons for the Left considers what happens when a grassroots resistance movement takes on entrenched neoliberalism
Last week, South Africans got a taste of the kind of influence economists hold, despite them being part of an often fallible tribe
Speakers at the South African Reserve Bank’s biennial conference seemed to favour a ‘higher for longer’ approach to interest rates amid ongoing economic uncertainty
There is much to suggest that global economic disaster is not assured, or even likely, in the near future
In a split decision, the bank’s monetary policy committee increased the repo rate, which affects the cost of borrowing, by 75 basis points
Consumer inflation surged again, after piercing the South African Reserve Bank’s ceiling for the first time in five years
Central banks massively underestimated inflation risks as economies bounced back from the pandemic-induced slump
Female bosses at the IMF, ECB and EU are putting climate at the heart of policymaking
European Central Bank president Mario Draghi’s stimulus programme has failed to ignite the celebration of risk-taking it did in the US six years ago.
Prime Minister Alexis Tsipras needs to unlock bailout funds to repay €3.4bn to the ECB by August 20, as the bank leaves its credit lifeline unchanged.
ECB president Mario Draghi willingly giving Greece negotiating room while cash drains from the banking system has riled those who had a tougher ride.
SA’s data diary is full this week with updates on it’s current account, inflation, mining, manufacturing and retail sales over the coming days.
The European Central Bank announced that it cut interest rates by 10 basis points to a record low of 0.05%.
While interest rates remain significantly higher in emerging markets, the resulting inflows for states such as South Africa are likely to be minimal.
Following a cut in the benchmark rate, resulting record low yeilds have fuelled a demand for dicier securities.
Little changed from its overnight close against the major currencies‚ as the rand held steady in early trade on Tuesday.
Europe’s rumoured rate cuts and the possible continuation of the US Federal Reserve’s buying programme will set the tone for markets this week.
While South Africa’s economic calendar may be quiet, policymakers at four major central banks are due to announce decisions this week.
The European Central Bank will take centre stage this week as policymakers gather for their first meeting of the year. Is a rate cut imminent?
