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Sa Reserve Bank Forms P65

Sa Reserve Bank Forms P65

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Instructions and help about sarb application

I think I must uh correct you you say central banks are focused on hiking interest rates no we are focused on bringing inflation down and that interest rates are just about a tool to do that we had in this meeting the decision was a split decision and the same in January we we had a split decision and it's just a reflective of this amount the extent of uncertainty that we are facing AS Global as policy makers yeah and and so in in general we moved by 25 basis once it was a split decision there were people who argued for 25 reasons one people who argued for 50 basis points and in March there were people who argued for 50 bases but the people who argued for 25 business points and eventually the decision was 50 basis points it all has to do with the central bank's Central forecast and the risks that MPC members attach to that Focus then our assessment at the moment is that the risks to the inflation Outlook are on the upside and because they are on the upside it is importa

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