The European Central Bank and the South African Reserve Bank are both reacting to global inflation.

The entities involved

• European Central Bank →

  central bank of the European Union and the eurozone

  • The European Central Bank is forced to raise interest rates due to energy price shocks from the Iran war and an influx of Chinese exports.Mon 17:49
  • ECB has established swap line arrangements with central banks, with the ECB President leading central bank operations.Mon 17:35
• 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

• Central banks, including the ECB and Norges Bank, are tightening monetary policy in response to inflation driven by the Middle East war.Thu 09:52
• Global central banks, including the ECB and RBI, are raising interest rates.Sep 17
• The South African Reserve Bank is monitoring economic indicators and inflation rates, which are influencing policy decisions regarding the economy.Jun 24
• The Reserve Bank of Australia and the European Central Bank are facing global economic pressures. Data released on May 27 showed that CPI rose 0.4% in April.Jun 7
• Inflation rose to 3.7 percent.Sep 13