A very human SARB cuts rates yet again 0.5%

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By Cees Bruggemans, Chief Economist FNB.

SARB Governor Marcus announced the MPC decision to cut interest rates by another 0.5% today, with the prime interest rate dropping to 9%.

The main emphasis was on a slightly lowered inflation trajectory, averaging 3.5% in 2H2010, 4.3% in 2011 and 4.8% […]

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South African identity

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By Cees Bruggemans, Chief Economist of FNB.

Who exactly are we (and does it matter)?

In daily conversation, the confusion about South Africa’s economic identity often shines through, as struck me again at a major economic conference last week. This matters as regards expectations about what can be […]

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