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Bank holds to steady course as governor keeps eye on inflation Lesetja Kganyago warned that load- shedding poses risks toinvestment and jobs 23 May 2021 - 05:18 By Hilary Joffe
The Reserve Bank has started to talk about when it might start talking about normalising interest rates - but, though it warned on Thursday of upside risks to inflation, it kept rates unchanged as expected, with most economists still expecting them to remain on hold until next year.
And Reserve Bank governor Lesetja Kganyago signalled on Thursday that even were the Bank s monetary policy committee to start raising rates again, monetary policy would remain accommodative .