Calls to drop inflation targeting, loosen rates are inconsistent with policy, says Mboweni
17 October 2019 - 18:10
Submissions for the Treasury’s economic strategy document proposing that SA dispense with inflation targeting or embark on looser monetary policy, have been given short shrift by finance minister Tito Mboweni.
In his opening remarks at an economic colloquium on Thursday Mboweni said he had given guidance to Treasury officials that ideas that were “internally inconsistent with what we are trying to achieve” should not be taken on board. ..
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