The Reserve Bank’s remaining deputy governor, Kuben Naidoo, has defended its independence and insisted that policymakers take growth and employment levels into account when setting interest rates.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00.