The A, B, Cs of QE: Quantitative easing for beginners
Pierre Faure, a professor and former central banker, unpacks the concept of quantitative easing and explains how new money is created through new bank loans.
Pierre Faure, a professor and former central banker, unpacks the concept of quantitative easing and explains how new money is created through new bank loans.
We take a look at South Africa’s current interest rates as set by the SARB monetary policy committee and find our interest rates are far above suggested ‘Taylor’s Rule’ levels.
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.
For smaller countries like SA, the best defence in this newly uncertain but still credit-driven world is protecting its own credit rating – something far more important to a nation’s well being than its natural resources.
A Donald Trump world raises the risk of confrontation. And, perversely, supports the new POTUS’s plans to spend his economy out of recession. He’ll achieve it. Just not in the way most expected.
It has taken eight years to manifest, but we can finally identify the true cost of Quantitative Easing. A bit too early to call it a New World Order. But without doubt the developed world is witnessing a populist revolution.
The South African Reserve Bank opted to leave the Repo rate unchanged at 7% at its latest MPC meeting.
Lesetja Kganyago suggested last week that the days of tightening may be over. Brian Kantor builds on this with a short analysis of the current economic landscape.
South Africa’s GDP grew in the second quarter, despite very weak spending. Will the SA Reserve Bank help or hinder a recovery, asks Brian Kantor.
Brian Kantor says Central Bankers are perhaps promising more than they can hope to deliver, and so putting the limelight on themselves.