SARB's Kganyago Is Focused on Flexibility on Monetary Policy

The video discusses the global threat to central bank independence, highlighting the increased roles of central banks post-global financial crisis. It focuses on the South African Reserve Bank's flexible mandate and the implications of interest rate decisions on inflation forecasts. The discussion also covers the balance between inflation risks and growth concerns, emphasizing the importance of maintaining inflation within target ranges to ensure economic stability.

What are the potential consequences of having a financial stability mandate for central banks?

What is the significance of the statement that the independence of the Central Bank is 'sacrosanct'?

How do global economic conditions affect the inflation outlook in South Africa?