Interest rate hikes in 2022: What are economists are predicting?

US inflation jumped to its highest levels in 40 years in December while the latest inflation print in South Africa has prices at its highest levels since 2017. Joining CNBC Africa to discuss the implications running hot inflation will have on interest rates this year are Annabel Bishop, Chief Economist at Investec; Johann Els, Chief Economist at Old Mutual Investment Group and Sifiso Skenjana, Chief Economist at IQ Business.