Pretoria – Head of Research at the South African Reserve Bank, Rashad Cassim, says rising inflation is a challenge for the central bank. “It is the origin of emerging inflationary pressure that remains the most challenging for the Monetary Policy...
Pretoria – Due to the relatively subdued state of the South African economy, inflation is expected to be contained, says Reserve Bank Deputy Governor… GlobalBuzz-SA – Business News
Pretoria – The South African Reserve Bank views risks to the country’s inflation projections as being skewed slightly to the upside. “Uncertainty regarding future developments in cost–push pressures and the exchange rate pose an upside risk to the outlook, which...
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...
Pretoria – The Reserve Bank has vowed to keep a watchful eye on second-round effects of inflation, it stated in its May Monetary Policy Review. “The MPC will remain vigilant with respect to indications of second-round effects or generalised inflation, and will...
