InflationTarget

South Africa's Kganyago Hints at Upcoming Changes to Inflation Target Framework

1 month ago

In a significant announcement, Lesetja Kganyago, the Governor of the South African Reserve Bank, revealed that the review of the country’s inflation targeting framework is nearing completion. This review is poised to reshape South Africa’s approach to managing inflation, which has been a critical issue for the country's economic stability.

ECB’s Vujčić Warns of Increased Inflation Target Risks

1 month ago

In a recent statement, European Central Bank (ECB) Governing Council member, Boris Vujčić, expressed concerns that the risk of failing to meet the ECB’s inflation target has notably risen. This alarming revelation comes in the wake of a persistent economic environment that has sidelined inflation expectations, leading to speculations about the effectiveness of current monetary policy measures.

Thailand Maintains Inflation Target for 2024 With Conditions Amid Economic Uncertainties

2 months ago

The Bank of Thailand has confirmed its inflation target for the upcoming fiscal year, aiming for a range of 1% to 3% for 2024. This decision comes under the backdrop of fluctuating economic conditions and is subject to several critical factors that could impact achieving these goals.

South Africa's Inflation Target: A Call for Lowered Expectations by Kganyago

2 months ago

In a significant development regarding South Africa's economic strategies, Reserve Bank Governor Lesetja Kganyago has voiced his conviction that the nation's inflation target should be revisited and potentially set at a lower threshold than the current level of 3% to 6%. This proposal has sparked considerable dialogue among economists and policymakers, hinting at possible shifts in monetary policy that could impact the South African economy in the near future.

Thai Government Aims for Higher Inflation Target to Facilitate Interest Rate Reduction

3 months ago

In an intriguing move to manage economic indicators more flexibly, Thailand's government is in talks over raising its inflation target. The strategic alteration is designed to create an environment conducive to lowering interest rates, thereby stimulating economic growth. The discussions are being led by government officials and the central bank, who are closely evaluating the potential impacts on the nation’s monetary policy and economic outlook.