Lesetja Kganyago on Monetary Policy and state of SA economy

Рет қаралды 4,389

10 ай бұрын

The rising cost of living remains one of the biggest challenges for South African consumers and the high interest rate environment is at the centre of that distress. That’s despite monetary policy tightening being halted twice since consecutive hikes from November last year to fight high inflation. Central Bank Governor Lesetja Kganyago says the central bank is trying to protect SA citizens from inflation.
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Пікірлер: 29

@sjaymabaso9391

This one is captured by Silili

@gopolanglekoto

I love this guy, does a great job.❤ Funny how everyone thinks all he has to do is decrease interest rates to zero and we will all be rich and prosperous😂😂😂 The reason South Africans are struggling is because of bad GOVERNMENT POLICIES. 📍📍📍

@optimusctts

They can make the repo rate dance however they want. As long as there are not enough jobs and enough cash flow in the actual streets, then he will administer all kinds of medicines. And prices will rise until nobody cannot afford jack.

@user-px9xo2pu5n

Shouldn't we not focusing on the cause of inflation that try to reduce inflation by interest rates

@Thabo622

Journalism is dead with this type of question. The man is saying nothing

@shriokei

Shoring up the local currency at the expense of the economy does not make the rand more attractive, the markets have made this clear. SARB would be more effective if they prioritize balance rather then copying the Feds sentiment on inflation.

@sabeloskenjana439

Your Stance on Phala Phala has destroyed what was left of your credibility. I DON'T BELIEVE YOU HAVE S.A BEST INTEREST AT HEART!!

@manimavuso

SARB is an extension of the US Federal Reserve. Lesetja Kganyago is doing well in that regard

@wandiledume4966

Ask the U.S government federal reserve about the wage - price freeze bill. It worked very well in the U.S when they substituted the restrictive monetary policy in favour of wage - price freeze programme to deal with inflation in the 70's.

@pie.lot.bliksem

Singing from the same hymn book does not mean the song is sung in harmony. Incorporate counterpoint in the singing to guarantee harmonious songs. The concert is not only NOISY to the world but SAns too.

@shafiyaalgiquadra1105

I only clicked hoping the anchor would be asking the questions since she has proved largely incorruptible but seeing who is interviewing the rat, I am filled with trepidation...

@TSZee

Not other measures of inflation- the presenter misfired on that question. The call is for a change in the monetary policy frameworks different from Inflation Targeting.