HANGOUT: The role of the Reserve Bank in the economy
EDITOR&39;S NOTE: The Hangout is now over.
eNCA Resident Economist, Trudi Makhaya, speaks to Dr Kenneth Creamer, Arnold Wentzel, Dr Christopher Malikane, Yashodan Naidoo and Thando Sibisi on the interest rate announcement, Kganyago&39;s statement but also interrogate monetary policy in general. Is inflation-targeting still the right framework for South Africa? Is the inflation band appropriate? Does the Reserve Bank exaggerate the limits of its power to boost economic growth? What do the decisions of the bank mean for the consumer, the worker, the investor and the entrepreneur?