BoB leans towards ‘looser’ interest rate policy
Thursday, February 20, 2025 | 450 Views |
Setting trends: Dekop PIC.PHATSIMO KAPENG
The accommodative monetary policy stance is made possible by the Bank’s projections that inflation this year will trend either below or within the three to six percent objective range.
“Inflation is expected to remain within the medium-term objective range and inflation expectations are well-anchored, while the economy is expected to operate below capacity in the short term,” governor, Cornelius Dekop said yesterday morning.
‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...