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Fed’s big rate hike could help tame SA inflation

Prices of imported goods are likely to decline as central banks around the world get tough on inflation, offering stretched South African consumers some hope

19 June 2022 - 00:04 By Nick Wilson and Thabiso Mochiko

While fears abound that the US Federal Reserve’s big rate hike this week could herald a recession for the world’s biggest economy and spill over to the rest of the globe, it could also bring some relief to SA’s inflation-battered consumers...

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