Goldman's Upbeat South African Inflation Call Outdoes Central Bank View.

Goldman Sachs Group Inc. predicts a significant slowdown in South African inflation next year, with an average of 3.3% and stabilization at around 4%. This forecast contrasts with the 4.2% median estimate of other economists and the 4% forecast by the country's central bank. The investment bank's optimistic outlook on price pressures also suggests a more positive view on interest rates, anticipating further rate cuts in the current easing cycle. Despite uncertainties in the economic environment, the central bank remains cautious in its approach to monetary policy. [Extracted from the article]