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Economic growth not encouraged by high inflation

Pretoria – Low interest rates and high inflation do not encourage economic growth, economist Chris Hart said on Tuesday. “Low interest rates in the developed world have become counter-productive…. Growth has to be funded. In South Africa where interest rates are at 5.5%, we cannot get growth going,” said Hart adding that inflation was too […]

Economic growth not encouraged by high inflation is a post from: South Africa Business

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