This GMV begins our look at how QE affected balance sheets, by compiling flow of funds data on supply and demand of government bonds as consistently

Strong real GDP growth in 2017Q1 was in line with our above-consensus estimate.' Growth was fueled mainly by temporary tax cuts, with private consumpt

We are able to explain the trajectory of core inflation using a simple list of macro factors - including exchange rate movements, commodity prices and

South Africa fell into technical recession in Q1. But growth accelerated on a y/y basis and will still be higher in 2017 than in 2016. Prospects for a