To a certain degree, an explicit monetary policy strategy leads to a “depersonalisation” of monetary policy. In this vein, monetary policy is likely to gain steadiness and predictability even at times when the composition of the policy making body changes.
Nonetheless, until that next move actually happens there could still be market volatility. •  Third is the significant drop in global oil prices due to abundant supply and weak demand in the international oil market. The decline in oil prices could affect our imports in a positive way but cash remittances in a negative way. •  Fourth is BREXIT.