Assessing the Effectiveness of the Monetary Policy Instrument during the Inflation Targeting Period in South Africa

Since the adoption of inflation rate targeting policy, there has been a great concern on the effectiveness of the monetary policy instrument to curb inflation in South Africa. The effectiveness of monetary policy instruments to control the level of inflation has been widely criticised not only in t...

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Bibliographic Details
Main Author: Lumengo Bonga-Bonga
Format: Article
Language:English
Published: EconJournals 2017-09-01
Series:International Journal of Economics and Financial Issues
Online Access:https://econjournals.com/index.php/ijefi/article/view/4535