(Bloomberg) -- South African government bonds were
little changed before the start of the central bank's policy
meeting, at which it may say one interest-rate increase will be
enough to bring inflation back within target.
The Pretoria-based South African Reserve Bank today starts
its two-day policy meeting and will probably lift its benchmark
lending rate 50 basis points tomorrow, according to economists in
a Bloomberg survey. Debt dropped by the most in almost a year
last week after a government report showed inflation breached the
bank's target in April.
Read more at Bloomberg Bonds News
little changed before the start of the central bank's policy
meeting, at which it may say one interest-rate increase will be
enough to bring inflation back within target.
The Pretoria-based South African Reserve Bank today starts
its two-day policy meeting and will probably lift its benchmark
lending rate 50 basis points tomorrow, according to economists in
a Bloomberg survey. Debt dropped by the most in almost a year
last week after a government report showed inflation breached the
bank's target in April.
Read more at Bloomberg Bonds News
