Commerzbank Expects SARB to Hike Rates 25 Basis Points

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Summary · why it matters

Commerzbank's Volkmar Baur expects the South African Reserve Bank to deliver a 25 basis point rate hike after surprising markets by holding rates in July. The call points to a hawkish tone from the central bank as it returns to tightening following its July pause.

Impact on assets 2

Financials▲ · 1 stocks
Commerzbank AG
CBK
± MixedMonetaryrelevance

Commerzbank is only the analyst forecasting the SARB hike, not a subject of the news.

Others▼ · 1 stocks