Bank of America predicts that the South African Reserve Bank will implement an interest rate hike.

The entities involved

• Bank of America →

  American multinational banking and financial services corporation

  • Goldman Sachs, Morgan Stanley, JPMorgan Chase, and Bank of America are competing in the global investment banking sector.Mon 17:24
  • Both Bank of America and Deloitte have addressed current treasury management trends.Mon 14:26
• South African Reserve Bank →

  central bank

  • The South African Reserve Bank Governor announced a policy rate increase amid global supply chain disruptions and war-driven inflation.Mon 08:35
  • The South African Reserve Bank (SARB) operates as a central bank in South Africa, and Lesetja Kganyago serves as its Governor.Fri 23:43

Related events

• The South African Reserve Bank is factoring in decisions made by the US Federal Reserve when setting its own interest rates, acknowledging the global influence of Fed hikes.Sep 17
• The South African Reserve Bank (SARB) is developing new regulations for payment transactions.Jun 24
• SARB is investigating a company that is linked to a member of the African National Congress.Aug 20
• Rate hikes are affecting consumer financial health, linked to the South African Reserve Bank's actions.Fri 23:43
• The European Central Bank and the South African Reserve Bank are both reacting to global inflation.Fri 14:29