# Fed taper confirmed, here’s what it means for SA’s monetary policy | CNBC Africa

> A CNBC Africa segment previewed the implications of the US Federal Reserve confirming a reduction in its bond purchases, known as the taper, for South African monetary policy. Economists from ABSA and RMB were interviewed ahead of the announcement. The segment was published on 23 September 2021.

- Date: 2021-09-23 · published 2021-09-23T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/45358-fed-taper-confirmed-here-s-what-it-means-for-sa-s-monetary-policy-cnbc-africa
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A Fed taper tends to strengthen the dollar and tighten conditions for emerging-market currencies, which can raise import costs for South African feed buyers. The direct effect on grain prices is limited.

## Sources

- cnbcafrica.com: https://www.cnbcafrica.com/media/6273857431001/fed-taper-confirmed-heres-what-it-means-for-sas-monetary-policy

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.