by Daniel Krähmer | Sep 30, 2010
By Dick Forslund and Mazibuko Jara20 September 2010At any rise in aggregate demand, the Bank increases interest rates.Last week, the Reserve Bank waded into the battles between workers and employers over wage demands. Its monetary policy statement expressed concern...
by Daniel Krähmer | Sep 30, 2010
Response by Deputy Governor of the South African Reserve BankBy XP Guma29 September 2010Dick Forslund and Mazibuko Jara’s article (Inflation targeting retards economic growth, September 20) refers. Permit me to respond, briefly.First, the authors state that “it is...