AfricaNews reporter said Marcus will be hard pressed to guard the central bank's independence as fervently, and successfully as Mboweni did.
Marcus' appointment has prompted media speculation about how she will deal with labour demands to loosen financial policy further, as well as the central bank's independence, and the question of the country's general monetary policy regime.
Her appointment as central bank head comes at a time when monetary policy in South Africa - and specifically the inflation targeting regime - has come under attack from the ruling ANC party's left-leaning allies.
Marcus chairs her first Monetary Policy Committee meeting next week, with the Congress of South African Trade Unions calling for a rate cut of at least 1 percentage point to ease unemployment.
useful links: los angeles movers, transport rankings
Marcus' appointment has prompted media speculation about how she will deal with labour demands to loosen financial policy further, as well as the central bank's independence, and the question of the country's general monetary policy regime.
Her appointment as central bank head comes at a time when monetary policy in South Africa - and specifically the inflation targeting regime - has come under attack from the ruling ANC party's left-leaning allies.
Marcus chairs her first Monetary Policy Committee meeting next week, with the Congress of South African Trade Unions calling for a rate cut of at least 1 percentage point to ease unemployment.
useful links: los angeles movers, transport rankings
You have read this article Africa
with the title New SA governor takes office today. You can bookmark this page URL http://roxpolitix.blogspot.com/2009/11/new-sa-governor-takes-office-today.html. Thanks!
No comment for "New SA governor takes office today"
Post a Comment