Why the Bank of England Didn’t Follow the Fed in Raising Interest Rates
The U.K. central bank is monitoring for signs that higher energy costs are spilling over into everyday prices.
The United States Federal Reserve recently increased interest rates by 25 basis points to a range of 3.75% to 4%, with the South African Reserve Bank (Sarb) expected to keep its repo rate unchanged next week. The South African economy, according to economists, is unlikely to feel the impact of the US Fed's decision in the near future.
Economists predict that the Central Bank will maintain current rates due to lower inflation expectations, both household and trade union. Inflation for August is expected to be released on Wednesday, 23 September 2026, with July's rate declining to 4.3% from 5.0% in June. The Bureau of Economic Research's survey also indicated declining inflation expectations, suggesting a potential easing of prices for goods and services.
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- Fed raises interest rates by 0.25 percentage points. thecorner.eu
- Trump blasts Fed over interest rates cbsnews.com
- The Fed raises interest rates. And, EU proposes Canada become an 'associate member' npr.org
- CNA Explains: Why is the Fed raising interest rates again - and what does it mean for Asia? channelnewsasia.com
- US Fed increases interest rates: Will SA households feel the pain next week? citizen.co.za
- Mortgage rates fell slightly after the Fed hiked rates: Mortgage and refinance interest rates today, Thursday, September 17, 2026 finance.yahoo.com
