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Middle East war turmoil clouds rate cut prospects, South Africa central bank chief says

South Africa's central bank governor told Reuters that it was difficult ‌to see a near-term path for easing interest rates due to the volatility from the war in ​the Middle East and its impact on inflation. South African Reserve Bank Governor Lesetja Kganyago ​also said the ​bank would not update its inflation or growth forecasts between meetings and was relying on "scenarios" to help it understand the impact of wildly gyrating ⁠prices for commodities including fuel and fertilizers. [...]