IS MBOWENI A SADO-MON­E­TARIST?

Finweek English Edition - - Front page -

An in­ter­est rate in­crease this month is on the cards, be­cause SA Re­serve Bank Gov­er­nor Tito Mboweni is tak­ing a pretty eclec­tic approach to in­fla­tion tar­get­ing, says Greta Steyn. Is he go­ing to hike in­ter­est rates by too much, cry­ing “no pain, no gain”? Or will the SA econ­omy emerge un­scathed from the cur­rent bout of mone­tary tight­en­ing? Read Greta Steyn’s weekly col­umn.

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