The South African Reserve Bank (SARB) outlined a “goldilocks” scenario of stronger growth and lower inflation at its MPC meeting this week and, if supply side constraints continue to ease, it may feel in a position to cut rates at a faster pace than we currently anticipate. Elsewhere, the recent floods that have afflicted West Africa and the Sahel are the latest extreme weather event to afflict the region this year, highlighting the threat posed by climate change to the continent’s long-term humanitarian and economic prospects.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services