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All else being equal, an economy operating above potential creates inflationary pressures, and an economy running below potential pushes inflation down. Finally, potential output is important for ...
Output was above its potential for nearly four years at the end of the 1990s, a time of low unemployment and robust productivity growth that helped keep inflation in check.
The lazy phrasing ‘monetary policy alone cannot do the heavy lifting’ may be true for the ‘interest rate policy’ of the SARB, but not for monetary policy, says the author. Wednesday, June ...
Sarb Governor Lesetja Kganyago on Tueday said economic fault lines, stemming from policy shifts and heightened trade tensions, have emerged, adding to pre-existing geopolitical tensions. advertisement ...
Consumer prices, one of the main factors for monetary policy decisions, remain at the lower end of the SARB’s 3-6% target range and still below the 4.5% midpoint for five consecutive months now.
Sarb, climate shocks and the economy We asked South Africa’s central bank what role it plays in bringing stability. By Danny Bradlow · 4 Dec 2024 04:03 ...
The South African Reserve Bank (SARB) has remained bullish about this year’s economic growth prospects, in spite of the prolonged lockdown and negative impact of the July riots. Friday, June 13 ...