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About Old Mutual
Macro Perspectives 14 | Interest rate hike, good news for bonds
Prioritising financial stability beyond growth, the SARB surprised with a 50 basis points rate hike. According to Peter Brooke, the catch up is justified given that SA lagged most central banks over the last three years. Currently, the JSE is driven by global shares rather than domestically oriented shares. In this environment it is important to stick to your long-term investment plan and maximise tax free savings.
DATE: 4 APRIL 2023 | LISTEN TIME: 3 MIN