RAYMOND PARSONS: Stable inflation suggests Bank should target balanced growth
15 September 2019 - 17:52
At its meeting this week the SA Reserve Bank’s monetary policy committee (MPC) will again mobilise its unquestioned expertise to review the economic outlook and decide on interest rates. Will there be another reduction, or will rates remain unchanged?
Several economists are expecting the latter, despite the recent better inflation outlook and an easing global interest-rate cycle. And as an emerging market, how does SA manage a highly volatile rand, if at all?..
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