Inflation expectations take a dive: rate cuts on the horizon, analysts say 'cheers'!

Inflation expectations drop in Q1 of 2024, signalling potential rate cuts. Bruce Whitfield chats to Nicolaas van der Wath, an economist at the Bureau for Economic Research about inflation dropping, signalling potential rate cuts. Analysts see sub-5% inflation, while business and unions expect above 5%. Five-year outlook decreases to 5.1%. Household expectations dip from 7.2% to 6.7%.See omnystudio.com/listener for privacy information.