Inflation has been low, but if the Fed isn't careful, keeping rates too low, too long could lead to runaway inflation.
South Africa needs to urgently step up its efforts to drive economic growth by harnassing the power of the state, as well as the markets.
There's an assumption that a change of ownership would automatically mean a change in the role the Bank plays
The South African Reserve Bank needs to guide the market on how it is going to treat VAT increase in its inflation targeting approach.
New Zealand's new government wants the central bank to focus on maximising employment. But experience from other countries shows this is unlikely to change policy.
A new report suggests the board of the Reserve Bank of Australia should income a "representative of the poor". This is a proposal worthy of consideration.