SARB's Kganyago: 50-Bps July Rate Hike 'Not Off the Table'

The video discusses the rising inflationary pressures and the responses by central banks, particularly focusing on the Reserve Bank's strategies. It covers the adjustments in interest rates, the impact of global economic conditions, and the challenges posed by supply shocks. The importance of acting against inflation to maintain economic stability and the potential effects on consumer demand are also highlighted.

What is the significance of central banks acting against inflation?

How does inflation impact consumer demand according to the discussion?

What lessons were learned from the inflation target discussions in 2002?