Tito Mboweni addresses threats to inflation target

South African Reserve Bank Governor Tito Mboweni said Friday the SARB still had much to do to conquer inflation expectations in the country, which at between 8% and 9% were currently far higher than the inflation target of between 3% and 6%.

Source: Finance 24

High inflation expectations among producers and consumers are one of the key threats to the South African Reserve Bank's (SARB's) inflation target, according to SARB Governor Tito Mboweni.

Addressing journalists following his presentation

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