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The South African Reserve Bank (SRB) expects the average Brent crude oil price to be $90 in 2026, up from its previous forecast of $82.

2026-09-23

The South African Reserve Bank (SRB) expects the average Brent crude oil price to be $90 in 2026, up from its previous forecast of $82.

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2026-09-23

Federal Reserve Governor Barr: Inflation has failed to move clearly toward the target in a timely manner; economic growth is strong and the labor market is robust.

Federal Reserve Governor Barr: Inflation has failed to move clearly toward the target in a timely manner; economic growth is strong and the labor market is robust.
2026-09-23

South African Reserve Bank raised its policy rate by 25bps to 7.25%, the second increase this year, citing renewed price pressures from the Iran and Ukraine wars. The six-member MPC voted unanimously; the move matched market expectations. Governor sa

South African Reserve Bank raised its policy rate by 25bps to 7.25%, the second increase this year, citing renewed price pressures from the Iran and Ukraine wars. The six-member MPC voted unanimously; the move matched market expectations. Governor said the bank has taken a cautious approach amid high uncertainty but remains focused on price stability and will aim to bring inflation back to 3% as current shocks fade. The rand recovered some earlier losses after the announcement.
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