Fed taper confirmed, here’s what it means for SA’s monetary policy

While the federal reserve in the US kept benchmark interest rates anchored near zero, indicating that rate hikes may be near, here in South Africa we await our own announcement. Reserve Bank Governor, Lesetja Kganyago will deliver a decision by Monetary Policy Committee at 3pm today. Joining CNBC Africa for a pre- announcement analysis is Miyelani Maluleke, Macroeconomist at ABSA Corporate & Investment Banking and Siobhan Redford, South Africa Economist at RMB.