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South Africa's central bank governor flags upside inflation risks

Original: South Africa's central bank governor Kganyago sees upside risks to inflation

South African Reserve Bank governor Lesetja Kganyago warned of upside risks to inflation, according to a Reuters report. The comments come as policymakers worldwide weigh lingering price pressures, and markets watch the bank's policy stance closely. Traders and analysts read Kganyago's remarks as a signal the central bank may keep a hawkish tone on interest rates if price pressures build.

Why now: Investors and analysts are watching South African monetary policy for signs of rate direction amid global inflation concerns

Lesetja KganyagoSouth African Reserve BankSouth Africa

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