SARB MPC Meeting

The South African Reserve Bank met today, and once again gave us valuable insight into how the South African masters of money (well at least masters of the rand) are thinking about the country, the globe, inflation, production, consumption and unemployment.

I know the statement is long, and by no stretch of the imagination is this a page turner, never-the-less you’ll find the full text of the Monetary Policy Committee statement below. Do I expect you to read it? Of course not. So why reproduce it? Because I’ve highlighted just the few bits you actually should read. So, give it a quick skim…

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