Inflation expectations have likewise shown increasing convergence with the BSP’s inflation target. This is part of the BSP’s ongoing initiative to enhance the effectiveness of monetary policy and deepen domestic money market. Second, further enhancing BSP’s monetary policy transmission is one way of promoting more efficient financial intermediation conducive for investments.
Remarks by Daniel Mminele, Deputy Governor of the South African Reserve Bank, at the annual Financial Markets Department cocktail function Johannesburg 7 May 2019 Introduction Good evening, ladies and gentlemen. It is that time of the year when we have the pleasure of welcoming you to the Financial Markets Department’s (FMD) annual cocktail function. Thank you for joining us.