South Africa, inflation and Lesetja Kganyago
South Africa could lower inflation target at little cost, c.bank governor says
South Africa's central bank governor, Lesetja Kganyago, said on Thursday that the country could move to a lower inflation target at little cost.
Governor Kganyago pushes for a lower inflation target for South Africa
The South African Reserve Bank (SARB) Governor Lesetja Kganyago said that the organisation will push for a lower inflation target. Kganyago made this announcement on Thursday at a lecture at Stellenbosch University. In 2000, the Reserve Bank adopted an inflation target between 3% and 6%.
Kganyago argues for lowering South Africa’s inflation goal
South African Reserve Bank Governor Lesetja Kganyago delivered a strong argument for lowering the 3% to 6% inflation target that has guided policymakers for the last 24 years.
South Africa's central bank says policy outlook dependent on inflation expectations
South Africa's central bank said on Tuesday that as price pressures continued to moderate it would shift its policy focus to monitoring how core inflation and inflation expectations respond. The South African Reserve Bank (SARB) lowered its main lending rate by 25 basis points in September to 8.
Kganyago Advocates for Lowering South Africa’s Inflation Goal
South African Reserve Bank Governor Lesetja Kganyago delivered a strong argument for lowering the 3% to 6% inflation target that it has been guided by for the last 24 years.
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