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South Africa's Reserve Bank to Hold Rates, Inflation Rises Above Target
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South Africa's Reserve Bank is expected to hold interest rates unchanged for the third consecutive meeting, indicating a delay in easing monetary policy. Inflation in October rose slightly above the central bank's target, but core inflation slowed. The central bank will likely maintain a hawkish tone in its decision.
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How might the delay in monetary easing impact the South African economy?
What are the potential implications of the central bank maintaining a hawkish tone?
What factors are contributing to the Reserve Bank's decision to hold rates unchanged?
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