Reserve Bank governor Lesetja Kganyago has dismissed quantitative easing as an option to revive the economy after ANC secretary-general Ace Magashule announced that a task team would be put together to explore the idea.
Quantitative easing was used to help the US deal with the effects of the global 2008 financial crisis. It was also utilitsed in the EU to address the European bond crisis. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.