Inflation
Everything went according to plan (sort of), and the US and Iran have signed the 60-day peace agreement. The Strait of Hormuz will reopen soon. Oil prices will then fall, and then fuel prices and we will be almost be back to the good old days of February. But is it really that simple? Whether […]
Oil, inflation and the repo rate decision
Rumours about of a possible deal between the US and Iran (on Monday 25 May), but will it influence Thursday’s repo rate decision? First off, the Monetary Policy Committee needs to account for the increase in consumer price inflation in April. The inflation rate rose from 3.2% to 4% in April. This is mainly attributable […]