Kganyago: Markets Didn't Believe Fed on Rates in 2016

The transcript discusses the complexities of monetary policy in relation to US economic actions, particularly interest rates and their impact on South Africa. It highlights the influence of US policies on global markets, the potential risks of inflation, and the effects of protectionism. The discussion also covers market reactions to political events, such as the US elections, and the challenges of predicting economic outcomes.

What factors are considered when assessing the impact of US interest rates on monetary policy?

In what ways do market reactions to political events influence economic forecasts?

What is the significance of the inflation outlook mentioned in the context of monetary policy?

How does protectionism from the world's largest economy potentially affect global trade?

What role do economists play in predicting the outcomes of monetary policy decisions?