Compared with the June 2020 Eurosystem staff macroeconomic projections, the outlook for inflation is unchanged for 2020, has been revised up for 2021, and is unchanged for 2022.
Special thanks to Mr Edward Leach, the business owner, and to Dr Arif Ismail, Mr Gerhard van Deventer and Mr Anrich Daseman of the FinTech Unit. With that, I would like to hand over to Governor Kganyago to reflect on the advent of the Fourth Industrial Revolution, the emergence of fintech, as well as the SARB’s role amidst all these changes.