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Education


Be aware and knowledgeable!

This page provides links to posts which have education value and which will help readers to better understand the issues raised and the wider context of such issues.

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Educational posts

What is the Reserve Bank?  Part 1 of a series on the SA Reserve Bank
The Bank, in the pursuance of its primary goal, the realisation of its business philosophy and the fulfillment of its responsibilities, assumes responsibility for: formulating and implementing monetary policy in such a way that the primary goal of the Bank will be achieved in the interest of the whole community that it serves; ...

What is monetary policy?  Part 2.1 of a series on the SA Reserve Bank
The main reason for the operations of the Reserve Bank in the money market is to implement the Bank's interest rate policy as determined by the Monetary Policy Committee, with the aim of achieving the Bank's inflation target. In its monetary operations, the Bank endeavours to promote financial stability by managing the liquidity needs of the banking system as a whole. ...

How are economic indicators used?
Economic indicators are the key statistics of the economy that reveal the direction the economy is heading. To get an overview of just how many figures are regularly published to gauge the economy's temperature, a good starting point is all the data the Reserve Bank blends to track South Africa's business cycles. The Reserve Bank separates economic indicators into three groups: leading, coincident and lagging.

Interactions

Central banks compared
This interaction characteristics of the central banks of: South Africa; the United States of America; the United Kingdom; and the European Union.