The Israel Defense Forces announced on the afternoon of November 23, local time, that a rocket anti-aircraft warning sounded in the northern Israeli town of Shmona. There is currently no news of casualties.

Bundesbank President Nagel: Cutting interest rates too early would be a mistake.

South African Central Bank: GDP growth is expected to be 1.2% in 2024, 1.3% in 2025 and 1.6% in 2026.

South African Central Bank: Domestic food price inflation remains volatile.

South African Reserve Bank: Despite improvements in the baseline inflation forecast, risks to the inflation outlook are still assessed to be tilted to the upside.

South African Central Bank: Port and railway operations have become serious constraints.

South African Central Bank: Energy and logistics constraints continue to constrain economic activity and generally increase costs.

South African Central Bank: Although power outages have reduced in South Africa, domestic economic growth is likely to remain sluggish in the short term.

South African Central Bank: CPI is expected to be 5.8% in 2023 (previous forecast was 5.9%). CPI is expected to be 5.0% in 2024 (previously 5.1%).

According to the Times of Israel: Hamas claimed to have launched rockets from the West Bank city of Jenin.

ECB meeting minutes: Broad agreement was reached on flexible reinvestment of the emergency anti-epidemic bond purchase plan.

ECB meeting minutes: Further interest rate hikes are not part of the current baseline scenario.

ECB meeting minutes: A weak euro helps ward off inflation risks.

ECB meeting minutes: Discussion at this meeting of early termination of the reinvestment of the emergency anti-epidemic bond purchase program is considered premature.

ECB Governing Council member Makhlouf: The possibility of another interest rate hike cannot be ruled out.

ECB meeting minutes: Overconfidence and complacency must be avoided.

ECB meeting minutes: Must be both persistent and vigilant.

ECB meeting minutes: The impact of most past interest rate hikes has yet to be felt.

ECB meeting minutes: Given the current outlook, it can be expected that the Governing Council will be able to reduce inflation to the 2% target level in 2025.