×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

We welcome, finally, a written response to critiques of SA Reserve Bank monetary policy, specifically, Reserve Bank research head Chris Loewald’s “Depression risk a bad reason to jettison macroeconomic policy frameworks (https://www.businesslive.co.za/bd/opinion/2020-05-31-depression-risk-a-bad-reason-to-jettison-macroeconomic-policy-frameworks/).” (Business Day, May 31).

But it is precisely because the risk of a depression is so high (a more than 10% GDP crash) that we must see change in those frameworks...

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 articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now