Monthly Report | December ’22
Introduction
The last quarter of the year saw global equity markets fall in December, but still managed to end the quarter in positive territory. Volatility remained high as the outlook for developed market economic growth deteriorated further, while central banks continued to adopt a hawkish tone. Global inflation pressures remained high, but there were signs that inflation has peaked in the US and across Europe. Although inflation remains above central bank target levels, markets have started to anticipate a deceleration, pause and potential cuts of interest rates.
Previous Reports
Quarterly Report | Q1 ’25
The South African Reserve Bank (SARB) decreased interest rates by 25 basis points at the January Monetary Policy Committee (MPC) meeting.
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