EDITORIAL: Is it premature for a pivot by the Reserve Bank?
22 November 2022 - 05:10
The SA Reserve Bank’s monetary policy committee (MPC) starts its final meeting of 2022 today and for the first time in almost three years governor Lesetja Kganyago will announce the rates decision at a physical media conference on Thursday afternoon.
The Bank has relocated temporarily to offices in Centurion while it renovates the big black building in Pretoria, which should add interest to the proceedings. But the decision will be watched with great interest in any event, especially given the shifts in the global backdrop since the MPC met in September...
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