We are not out of the inflation woods yet. Implementation of the recent public sector wage increase should see inflation spike over the next couple of months. What should the policy response to be? It is understandable that the monetary authority may be minded, at the next meeting of its policy committee, to lift its foot off the economy’s brake pedal. The inflation conversation has too many moving parts right now, and they are all up in the air. A breather just to make sense of…
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