In terms of the technical work done, preliminary indications are that potential output growth will be around 4.5 percent.
More Quotes from Tito Mboweni:
It is my responsibility to vote. We have to fulfil this responsibility.Tito Mboweni
It's not pass. A number of central banks have been given inflation targets by their governments and I think that's appropriate because governments are elected and must explain their choices to the electorate.
Tito Mboweni
The cost of servicing this debt, while still low, nevertheless increased from six and three quarters per cent of disposable income in the third quarter of 2005 to 7 in the fourth quarter.
Tito Mboweni
There is a danger that if debt servicing costs increase, many households will find themselves in a bit of difficulty. And they might.
Tito Mboweni
Inflation expectations as indicated in the long term break-even inflation rates, measured as the yield differential between conventional bonds and inflation linked bonds, point to some improvement in inflation expectations since the last (MPC) meeting.
Tito Mboweni
These wage developments reflect to some extent entrenched expectations that inflation will remain within the inflation target range.
Tito Mboweni
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