STANLIB STANLIB Podcasts

US inflation under control; SA releases disappointing unemployment data

--:--
US inflation and consumer sales data for April showed no signs of tariff pressures. US inflation was 2.3%, just above the 2% target, but over the next 12 months tariff hikes will push it up by 1-1.5%, as well as cause a slowdown in growth and higher unemployment levels. In SA, the Q1 2025 unemployment rate climbed to almost 33%, which was disappointing, although partly seasonal. In Budget 3.0 this week, government is likely to revise down the economic growth rate to 1-1.5% but no significant tax changes are expected.
Click here to listen to the podcast.
19 May English South Africa Investing · Business News

Other recent episodes

US inflation ticks up as higher tariffs start to push prices

In this podcast, STANLIB’s Chief Economist, Kevin Lings, touches on China’s sustained economic growth, largely on the back of strong exports as it is selling to other markets and using them as a conduit to the US. He also discusses the 2.7% y/y inflation rate in the US in June,…
21 Jul 10 min

US tariff threats raise fresh uncertainty in global markets

In this podcast, STANLIB’s Chief Economist, Kevin Lings, discusses President Trump’s extension of the deadline to 1 August to 20 countries to negotiate trade deals with the US or face tariffs of 30-40%. The threat raises various uncertainties: around the limited time to negotiate, what the final tariffs will be,…
14 Jul 11 min

US jobs grow but underlying trends raise some concerns

In this podcast, STANLIB’s Chief Economist, Kevin Lings, analyses latest US jobs data, which showed 147 000 jobs were created in May, above market expectations, while the unemployment rate fell to 4.1%. However, the private sector contributed about half the normal number of jobs and other surveys showed a similar…
7 Jul 8 min

US economy shows signs of slowdown while SA remains weak

In this podcast, STANLIB’s Chief Economist, Kevin Lings, examines various indicators of a slowdown in the US economy, whether it is experiencing inflationary pressures and the possibility of the US Federal Reserve cutting rates. He also analyses positive and negative data releases in SA last week, including a fall in…
30 Jun 9 min

SA’s inflation pressures increase; US Fed revises economic forecasts

In this podcast, STANLIB’s Chief Economist, Kevin Lings, points out that SA’s May CPI rate, at 2.8%, shows inflation remains well under control, although there is likely to be pressure in coming months from higher food and oil prices. He discusses what this means for the SARB’s plans to launch…
23 Jun 9 min
All episodes