Reserve Bank’s Chris Loewald sees room to ease
Policy committee to meet next week
07 September 2020 - 14:06
UPDATED 07 September 2020 - 23:50
Inflation near the bottom of its target range has given the Reserve Bank space to offer more support to an economy reeling from the Covid-19 pandemic, according to Chris Loewald, the Bank’s head of economic research.
His comments came just over a week before the start of the Bank’s next monetary policy meeting and on the eve of a data release from Stats SA that some economists said may show an economic contraction of about 50% in the second quarter...
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