South Africa’s annual inflation rate fell below the midpoint of the central bank’s target range for the first time in more than three years, adding impetus for it to start easing.

South Africa's inflation rate fell more than expected last month to its lowest since April 2021, data showed on Wednesday, reinforcing expectations that the central bank will cut interest rates this week.

Inflation has cooled to the Bank of Canada’s 2% target, but will it remain there and does it mean a 50 basis point rate cut is on the table? Click to read.