SARB takes stock and a deep breath - Cees Bruggemans |
2010/07/15
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In another major landmark speech, SARB Governor Marcus last week took stock of the global economy, financial markets and the South African economy. It was a major tour de horizon, noting global ailments and lessons, as well as, more tentatively, possible prospects.
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Sygnals Monthly Update - Sygnia |
2010/05/04
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April brought an abundance of shocking headlines. Tragic news of a plane crash in Russia which killed the political, military and secular elite of Poland, was quickly followed by clouds of Icelandic volcanic ash closing off European air space, a surprise announcement of the SEC filing a civil suit against Goldman Sachs and finally a major oil spill threatening the coastline of Louisiana and the Gulf of Mexico.
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SARB 0.5% cut drops prime rate to 10% - Cees Bruggemans |
2010/03/26
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In a difficult but unanimous decision, the SARB MPC dropped interest rates by 0.5%, with prime falling to 10%, which is the lowest prime has been since 1981.
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Easing real interest rates another notch - Cees Bruggemans |
2010/03/24
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The argument for further SARB interest rate easing should not be of the mindless
variety, simply advocating deep nominal easing in support of populist ‘easy’ money.
That’s the way to ruin as other countries have shown before and our own history not
devoid of such policies
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