Dr. Rashad Cassim: Unanswered questions in South African monetary policy
On Monday, Dr. Rashad Cassim (picture above, second from left, along with Prof Ben Smit, Dr Monique Reid and Prof Stan du Plessis), who is the Head of Research at the South African Reserve Bank and a member of the Monetary Policy Committee, visited the Department and delivered a wide-ranging and insightful talk on opportunities for mutual improved understanding between monetary policy practitioners and academic researchers. His presentation began by sketching out his view on the role of inflation targeting in South Africa and other countries, namely that it is more a way of communication than a specific policy theory, and it works by providing a nominal anchor that guides the theoretical framework on which decisions are made. He identified many areas where our understanding of monetary policy could be improved, such as the impact of financial regulation on the monetary transmission mechanism and the apparent flattening of the Phillips curve.
Login
(for staff & registered students)
Upcoming Seminars
Monday 21 July 202512:00-13:00
Izak Odendaal: Old Mutual Wealth Chief Investment Strategist
Topic: "Diverging fiscal policies and what it means for markets"
12:00-13:00
Dr Neil Rankin: Ceo Of Predictive Insights & Stellenbosch University
Topic: "TBC"
12:00-13:00
Prof Willem Boshoff: Stellenbosch University
Topic: "Two competing approaches in South African competition policy: merger control and anti-cartel enforcement over the past 30 years"
BER Weekly
4 Jul 2025 One Big Beautiful Bill Act passes as tariff pause deadline loomsThis week brought a flurry of data releases alongside a heavy dose of political drama, both locally and globally. Yesterday’s stronger-than-expected US jobs report was the standout global data release. Domestically, tensions persisted in the DA-ANC relationship. On the international stage, headlines were dominated by the passage of the One Big Beautiful...
Read the full issue
Upcoming Seminars
Monday 21 July 202512:00-13:00
Izak Odendaal: Old Mutual Wealth Chief Investment Strategist
Topic: "Diverging fiscal policies and what it means for markets"
12:00-13:00
Dr Neil Rankin: Ceo Of Predictive Insights & Stellenbosch University
Topic: "TBC"
12:00-13:00
Prof Willem Boshoff: Stellenbosch University
Topic: "Two competing approaches in South African competition policy: merger control and anti-cartel enforcement over the past 30 years"
BER Weekly
4 Jul 2025 One Big Beautiful Bill Act passes as tariff pause deadline loomsThis week brought a flurry of data releases alongside a heavy dose of political drama, both locally and globally. Yesterday’s stronger-than-expected US jobs report was the standout global data release. Domestically, tensions persisted in the DA-ANC relationship. On the international stage, headlines were dominated by the passage of the One Big Beautiful...
Read the full issue