Recap & Outlook: 22 Dec ’25
The week ahead
End of year note: 2025 in review
The end-of-year period marks a time of reflection for most South Africans, and for us at Econometrix, it is an
Mixed reaction to much anticipated US payroll data
US non-farm payrolls data was delayed by six weeks due to the US government shutdown
SARB Quarterly Bulletin: Positive trends emerge
The Reserve Bank’s Quarterly Bulletin for Q3 reveals slight trends pointing in the right direction.
Financial Markets: 15 – 19 December 2025
Key data sets characterise the last real trading week of the year
Lower inflation outlook & improved growth prospects
From an international perspective, the main news this past week was the Fed’s decision to reduce the Fed Funds rate
Fed cuts rate as expected, with liquidity additions
As widely expected, the US Federal Open Market Committee (FOMC) reduced the Fed Funds rate by 0.25% for the third
Financial Markets: 8 – 12 December 2025
Shift towards ZARONIA in the new year marks another monetary policy reform
Focus on another FED rate cut
Much of the focus over the past week has been on the rising probability that the Federal Open Market Committee
