S.Africa's Mboweni warns interest rate "too low"

(Reuters) - South Africa's central bank Governor, Tito Mboweni, warned on Wednesday that interest rates may be too low, hinting they may have to rise again in Africa's biggest economy.

"Maybe we have been far too nice to our people and interest rates have been too low," he told a dinner in Pretoria, adding that inflation data released on Wednesday was disappointing.


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