Q&A: An uncertain future, but the rand will remain undervalued

Prospects that the US Federal Reserve (Fed) might not be done hiking interest rates and global growth concerns amid China’s slowing economy have given markets a hard time in September. 

Investors were recently betting that the Fed is close to ending its interest rate cycle. However, stronger US economic data and new inflation risks due to rising oil prices have cemented the case for a higher-for-longer interest rates narrative. ..