In­fla­tion is driv­ing rates

The high­est rate of in­fla­tion since 2009, trig­gered by the drought and ex­change rate, is push­ing the Re­serve Bank into a mon­e­tary cor­ner

CityPress - - Business -

Up we go

SA is now in an ‘up­ward rate cy­cle’ like the one be­tween 2006 and 2008

PHOTO: GETTY IM­AGES

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