Inflation proves worrisome for Sarb MPC

Lesetja Kganyago
Elske Photography

The governor of the South African Reserve Bank (Sarb) has stressed the central bank will look to ensure inflation remains within its target band and not at a specific figure, as policy-makers fret over the country’s inflation performance.

“Our target range is broad compared to inflation targets of other countries. It was done to give us flexibility such as when we have a shock we have room to manoeuvre within the target,” Lesetja Kganyago said in a press conference following today’s (September

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