Posts Tagged ‘cut’

Eurozone Interest Rates: Heading To 1.00%

Wed Mar 4, 2009 18:30 GMT  | Leave a Comment

I am of the belief that the European Central Bank (ECB) will cut its key interest rate to 1.00% by the end of 2009 from 2.00% at present. The economic outlook for the eurozone is bleak to say the least, with Business Monitor International forecasting a 3.0% contraction in GDP in 2009. Meanwhile, inflation is… [Read more]

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Posted in: Currencies, Emerging Europe, Eurozone, General, Inflation/Deflation Leave a Comment

South Africa: Bracing For An Early Rate Cut

Mon Dec 8, 2008 17:37 GMT  | Leave a Comment

As pointed out last week, I believe that many sub-Saharan African countries will continue to struggle with double-digit inflation figures over the course of 2009, mainly on the back of currency depreciation, relatively robust real GDP growth and weak monetary policy transmission mechanisms. I should have mentioned though that South Africa is likely to represent… [Read more]

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Posted in: Africa, Currencies, General, Inflation/Deflation Leave a Comment

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