U.S. central bank's decision to hold interest rates: Samantha Graney
Автор: SABC News
Загружено: 2015-09-18
Просмотров: 139
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The Fed's decision gives South Africa a little bit more breathing room. And the Reserve Bank won't be under the same pressure to raise our own interest rates next week, than if the Fed had moved.
Even if rates don't go up however, South African consumers are still under pressure. Despite some good results this year, retailers have all confirmed they're being affected by slower economic growth, and sometimes they're having to absorb cost increases. So we thought tonight we'd look at how shopping trends are changing especially in fashion. And we're happy to be joined by the Marketing Manager for Woolworths, Samantha Graney.
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