Schoeman: Expect SARB to Cut Rate Next Year

Schoeman: Expect SARB to Cut Rate Next Year

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current state of inflation in South Africa, highlighting the low levels of food and fuel inflation and their impact on the Consumer Price Index (CPI). It compares goods and services inflation, noting the weak economic demand. The video also examines factors driving retail sales, such as pension fund withdrawals and interest rate cuts. Finally, it explores global economic risks, including oil prices and geopolitical tensions, and their potential effects on South Africa and other emerging markets.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected outlook for retail spending during the festive season in South Africa?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential risks to the South African economy mentioned in the discussion?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the relationship between China and the US affect South Africa's economy?

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