SARB's Kganyago Says Monetary Policy Stance Is 'Accommodative'

The video discusses the relationship between interest rates, inflation, and monetary policy, emphasizing the need for lower inflation to allow for rate cuts. It explores the impact of inflation on businesses and consumption, the effects of power cuts on GDP, and the importance of government policy in restoring business confidence. The video also addresses the independence of the central bank and its interactions with the government.

How do power cuts affect the economy and monetary policy as discussed in the text?

What is the significance of the output gap in relation to inflation and economic growth?

What steps does the government need to take to restore business confidence according to the speaker?