SARB Governor Kganyago says very committed to 3% inflation goal and makes sense to keep options open

Governor Kganyago's commitment to the 3% inflation target indicates a steadfast approach towards monetary policy, likely emphasizing stability in South Africa's economic environment. Keeping options open suggests a potential flexibility in the SARB's decision-making, which could imply future rate adjustments depending on evolving economic conditions. This stance may impact local yields and the rand, especially in the context of global rate movements and inflation dynamics.