SARB projections imply that its policy stance will remain broadly consistent with a neutral stance over the projection period. If inflation does not begin to fall as SARB predicts, the policy rate would be below the SARB’s estimate of the rate consistent with achievement of the inflation target. Codera will be releasing a new Module on EconData soon that will make it possible for subscribers to automate any comparisons of their forecast to those from SARB.
