Why a surprise US rate cut is good news for SA stocks, economic growth – Kevin Lings
Update: 2024-09-19
Description
Stanlib chief economist Kevin Lings says he now spends at least half his time researching what’s happening in the US - that’s how important the world’s biggest economy is for South African investment markets. In this interview with BizNews editor Alec Hogg, he unpacks why last night’s bigger-that-expected US rate cut is excellent news for SA and, together with other recent developments, may help trigger a reverse in the long-term outflow of capital from the country.
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