14 Mar 2022
The relentless March of rates
By Izak Odendaal, Strategist at Old Mutual Wealth Investment Interest rates are on an upward march almost everywhere. 23 central banks have raised rates so far in March, notably including the US Federal Reserve and the South African Reserve Bank. Also noteworthy was the 150 basis points hike that took Brazilian short rates to 11.75%. They were only...