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Stock impact report

Angola Inflation, Growth Worries Point to Close Rate Call [Yahoo! Finance]

ABSA GROUP LTD S/ADR (AGRPY) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Millennium Trader Scored $40 Million Windfall in Egypt FX Plunge SpaceX Starship Nears Orbit, But Is Lost Before Return to Earth Biden's Best Shot Against Trump Lies in ‘Blue Wall' States Putin Says Ukraine Deal Requires Security Pledges for Russia Bond Yields Jump as Hot Inflation Curbs Fed Wagers: Markets Wrap Four economists surveyed by Bloomberg were evenly split on whether the monetary policy committee will act or show patience after inflation hit a 21-month high of 24% in February. Two economists, including from Absa Group Ltd., predict the central bank will increase the benchmark rate by 100 basis points to 19% after keeping rates unchanged at a previous meeting in January. That would take rates to the highest level in 15 months. The other two forecast the policy benchmark will remain unchanged. Central Bank Governor Manuel Tiago Dias has said that officials were waiting to see if their decision to raise rates in November by 100 basis p Show less Read more
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