By Maura Feddersen, Economist with PwC’s Strategy&
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) is meeting on 17 and 18 January to deliberate interest rates. The central bank’s monetary policy stance aims to keep inflation in the target range of 3%-6% annually, thereby protecting the value of the currency and the purchasing power of South African consumers. SARB Governor, Lesetja Kganyago, has previously noted the SARB is aiming for headline inflation to settle around 4.5% annually. (more…)
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