The Forums also ensure that the views of interested parties are taken into account when determining monetary policy. This endeavour is an earnest attempt on our part to communicate monetary policy and economic issues with the broadest spectrum of people. Unfortunately, to date, these Forums are not that well attended, particularly on the part of the trade union movement.
The Reserve Bank also publishes a Monetary Policy Review twice a year to increase the understanding of its conduct of monetary policy. The first Review was published on 19 March 2001 and it described the monetary policy framework in more detail. It also analysed local and international economic developments and the inflationary trends arising from these.