Reserve Bank can keep rates low, Lesetja Kganyago says
Policy makers see risks to the inflation outlook as balanced and feel that they can continue to offer support to the economy, Kganyago says
15 April 2021 - 18:00
The SA Reserve Bank is likely to maintain its accommodative monetary policy stance to support the economy for as long as it has room to do so, according to governor Lesetja Kganyago.
“As long as inflation is remaining contained, the central bank would have no reason to remove the accommodation that we are currently providing,” Kganyago said Thursday in an interview with Bloomberg TV...
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