Inflation seen moderating through 2023, leading to interest rate cuts towards en
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In this MoneywebNOW podcast, STANLIB’s Chief Economist, Kevin Lings, explains that base effects (year on year comparisons) are likely to kick in later this year, most critically in fuel prices, which should result in a moderating inflation rate in 2023. By the middle of 2023, if high interest rates have proven effective in managing broader inflation, the discussion among central banks is likely to be about the timing of interest rate cuts, which would be positive for markets.