tag:blogger.com,1999:blog-8290544642025682538.post3235726817837777873..comments2024-03-07T20:31:22.418-07:00Comments on Central Bank News: Namibia raises rate 25 bps to curb credit for luxury goods centralbanknews.infohttp://www.blogger.com/profile/16294624977261903583noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8290544642025682538.post-12364559440788144942015-07-01T06:11:20.126-06:002015-07-01T06:11:20.126-06:00According to the Reserve Bank the upside risks to ...According to the Reserve Bank the upside risks to inflation have become uncomfortably high, and although the Reserve Bank is also concerned about the broad-based weakness in the domestic economic, they have chosen to highlight that their core mandate is to control inflation and that there is very little that monetary policy can do to help the economy grow given that many of the impediment to growth are now structural in nature. Logically, one would expect the Reserve Bank to continue with its gradual upward bias in interest rates on <a href="http://speedyloansearch.com/personal-loans/" rel="nofollow">personal loans for consumers</a>, possibly only 25bps at a time, and not necessarily at every MPC meeting. Ultimately, once the UK and US start to raise interest rates that will put upward pressure on South Africa’s interest rates. Anonymoushttps://www.blogger.com/profile/01631979693955668733noreply@blogger.com