×

We've got news for you.

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

Inflation in SA is relatively well contained, inflation expectations are well behaved, there is no evidence of second-round effects and growth is on the way down. So why did the Reserve Bank hikes rates at its November meeting? And was that a policy mistake?

Critics accuse the Bank of hurting the economy unnecessarily. They argue that because inflation is now driven by external factors, mainly involving fuel and food, it makes no sense to hike interest rates to dampen domestic demand in response, especially when the economy is still reeling from the pandemic...

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