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Introductory remarks - Witwatersrand dialogue

· Lesetja Kganyago, Governor of the South African Reserve Bank (South Africa)

Summary written by Dark Majestic in its own words · topics: inflation and price stability, financial stability

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· Lesetja Kganyago Wiki · South African Reserve Bank WikiIntroductory remarks - Witwatersrand dialogue

ContextIntroductory remarks by Lesetja Kganyago, Governor of the South African Reserve Bank, at the Witwatersrand dialogue, Johannesburg, 16 March 2023.

Why it mattersKganyago discusses how fragile supply chains challenged low-inflation beliefs.

Problems raised
  1. The pandemic challenged low inflation beliefs.
  2. Supply chains proved fragile.
  3. Costs rose in key industries.
Solutions proposed
  1. Discuss inflation dynamics openly.
  2. Strengthen supply chain resilience.
  3. Keep inflation under control.
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