EPISODE · Jul 28, 2023 · 2 MIN
The Fed hikes rates and our PPI inflation rate falls
from Die ekonomie minuut · host Waldo Krugell
There are two indicators to close the week with. The US Fed raised their policy rate again by 25 basis points on Wednesday, but what does this mean for our repo rate? Yesterday Statistics South Africa released the producer price index data and the PPI stood at 4.8% in June. This episode is supported by the NWU Business School. Errors and omissions are my own.
What this episode covers
There are two indicators to close the week with. The US Fed raised their policy rate again by 25 basis points on Wednesday, but what does this mean for our repo rate? Yesterday Statistics South Africa released the producer price index data and the PPI stood at 4.8% in June. This episode is supported by the NWU Business School. Errors and omissions are my own.
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The Fed hikes rates and our PPI inflation rate falls
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