{"id":54380,"date":"2014-07-17T10:22:19","date_gmt":"2014-07-17T14:22:19","guid":{"rendered":"http:\/\/countingpips.com\/?p=54380"},"modified":"2014-07-17T10:56:13","modified_gmt":"2014-07-17T14:56:13","slug":"south-africa-raises-rate-25-bps-but-still-below-neutral","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/07\/south-africa-raises-rate-25-bps-but-still-below-neutral\/","title":{"rendered":"South Africa raises rate 25 bps but still below neutral"},"content":{"rendered":"<div id=\"inves-1054668776\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 17, 2014<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"http:\/\/www.centralbanknews.info\/\"><u>CentralBankNews.info<\/u><\/a><br \/>\n&nbsp; &nbsp; South Africa&#8217;s central bank raised its benchmark repurchase rate by another 25 basis points to 5.75 percent but signaled that it could raise rates further by saying the rate remained slightly negative and below its longer term neutral level given the expected trajectory of inflation.<br \/>&nbsp; &nbsp; &#8220;The monetary policy stance remains supportive of the domestic economy, and, as before, any future moves will be gradual and highly data dependent,&#8221; Gill Marcus, governor of the South African Reserve Bank (SARB) said in a statement.<br \/>&nbsp; <br \/>&nbsp; &nbsp; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>By CentralBankNews.info &nbsp; &nbsp; South Africa&#8217;s central bank raised its benchmark repurchase rate by another 25 basis points to 5.75 percent but signaled that it could raise rates further by saying the rate remained slightly negative and below its longer term neutral level given the expected trajectory of inflation.&nbsp; &nbsp; &#8220;The monetary policy stance remains [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-54380","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/54380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=54380"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/54380\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=54380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=54380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=54380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}