Short-lived surprise amid Zumicon? SA inflation rate falls to six-month low
SA’s inflation rate fell to a six-month low in March after food-price increases slowed, a short reprieve amid President Jacob Zuma’s Cabinet reshuffle.
Inflation targeting
Kantor calls for Central Bank modesty. Why forecasting more than statistics.
Brian Kantor says Central Bankers are perhaps promising more than they can hope to deliver, and so putting the limelight on themselves.
Kganyago – SARB has breathing space to adjust policy gradually.
South Africa’s Reserve Bank said it has room to adjust monetary policy gradually, signaling it may keep interest rates unchanged for longer.
Marcus says CPI targets reduce price pressure
South Africa’s central bank defended its inflation targeting policy on Thursday, saying it had helped reduce price pressures and contributed to more favourable economic growth.
Rand steady after overnight post-Fed losses
The South African rand recovered some of its poise against the dollar on Thursday after retreating sharply overnight when the U.S. Federal Reserve surprised global markets with a fairly hawkish policy statement.
To raise or not to raise? The issues the SARB must grapple with to make its decision
At times like these, I feel grateful that I am not a member of the Reserve Bank Monetary Policy Committee. The MPC, with its seven members, is the independent body that decides at what level to set South African interest rates. The MPC must balance a few competing demands. On the one hand, its mandate … Read more