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Policy alone cannot solve economic crisis

Pretoria – Monetary policy alone cannot solve the global economic crisis, Reserve Bank Governor Gill Marcus said on Tuesday. The governor said that normal cyclical downturns are often reinforced by tight monetary policies in response to an overheating economy and inflationary pressures. “Unfortunately, we are not in a normal cyclical downturn, and the crisis cannot […]

Policy alone cannot solve economic crisis is a post from: South Africa Business

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