Investec Investec Focus Radio SA

NOW Ep124: A crude awakening for inflation?

Loading player...
Interest rate cuts were meant to define 2026. Now, markets are bracing for hikes. In this episode of No Ordinary Wednesday, Investec’s Chief Economists Annabel Bishop and Phil Shaw examine how the energy shock is forcing central banks to reconsider their path. From London to Pretoria, policymakers face a familiar dilemma: tighten into slowing growth, or risk letting inflation take hold. Guest host Neo Ralefeta explores the implications for global growth and what it means for South Africa, from currency volatility to fuel supply risks and consumer costs.

Read more on www.investec.com/now
Chapters
  • 00:00 Introduction
  • 01:42 How has the Middle East conflict changed the global macroeconomic landscape?
  • 03:28 What’s the difference between the 2022 oil price shock and now?
  • 04:36 Other commodities that should concern the global economy?
  • 05:27 What is the immediate impact of the Middle East conflict on SA’s economy?
  • 07:21 What happens if the war ends today?
  • 09:51 What if the war doesn’t last a few weeks?
  • 11:19 How do central bankers respond to stagflation environment?
  • 12:36 Could there be divergent responses from central banks?
  • 15:24 SA focus on consumers, business and government
  • 20:25 What is the single biggest risk to the global economic outlook?
  • 21:10 What can consumers and businesses look forward to in the future?
31 Mar English South Africa Business · Investing

Other recent episodes

Macro Monday Ep120: New Fed chief commits to price stability

While peace talks between the US and Iran have helped bring down oil prices and, with them, inflation expectations, Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International says markets are reading Fed chief Kevin Warsh's commitment to price stability as a sign that a US rate hike…
22 Jun 9 min

Everything Counts | Sports Edition wrapped: Financial literacy and sport

Professional athletes can earn life-changing money before the age of 30. So why do so many still struggle financially after retirement? In this episode of Everything Counts: Sport's Edition, Motheo Khoaripe quizzes former Springbok and Investec head of Sports, Schalk Brits, financial adviser Vumi Dludlu, and Wealth Manager Moses Bokaba…
15 Jun 32 min

NOW Ep129: What the future of work means for today’s students

Is higher education keeping up with AI? For decades, the university degree has been treated as a reliable bridge between learning and work. AI is testing that bargain. As technology changes what employers need, higher education faces a sharper test - not whether it can produce graduates, but whether it…
16 Jun 21 min

Macro Monday Ep118: US economic data point to higher interest rates

Economic data in the US, such as jobs growth, have surprised to the upside of late, pointing to a resilient economy. Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International says this strength has unsettled markets, on rising expectations of rate hikes by the Fed.
8 Jun 9 min
All episodes