Brian Kantor: SARB must ignore inflation expectations, can’t influence Rand

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Inflation is always subject to a debate. Everyday citizens question the 3% to 6% band as it is not what their wallets are telling them. In the article below, well-known Investec economist Brian Kantor takes the debate one step further.

Kantor looks at inflationary expectations in South Africa and argues why they should be ignored by monetary policy.

It’s an interesting discussion given the Reserve Bank meets in November, where a decision could see the ‘Grinch steal Christmas’. Well worth the read. – Stuart Lowman

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