25 Sep CORRECTED-Interest rate cuts would hurt South African economy, central banker says
South Africa’s central
bank should stick to targeting inflation rather than trying to
stimulate the economy, because an abrupt change in policy would
damage its credibility and push up prices, a policymaker at the
bank said late on Tuesday.
bank should stick to targeting inflation rather than trying to
stimulate the economy, because an abrupt change in policy would
damage its credibility and push up prices, a policymaker at the
bank said late on Tuesday.
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