Loading...
See More

Marcus: Policy can't solve crisis

Aug 23 2011 09:06
Reuters

Related Articles

Mboweni: Labour relations out of kilter

Sarb: SA's growth prospects dim

SA reassures as fear grips markets

Sarb: Too soon to say how crisis hits SA

Interim banks regulator named

Credit growth little changed

 
Johannesburg - The global economic crisis cannot be resolved by monetary policy alone, Reserve Bank governor Gill Marcus said on Tuesday.

"We are not in a normal cyclical downturn. The crisis cannot be resolved by monetary policy alone ... monetary policy can help to some extent," Marcus said at an American Chamber of Commerce meeting.

Marcus said the world economy came out of recession but did not overcome the crisis. 
gill marcus  |  monetary policy  |  sarb  |  economy

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
4 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

SMALL BUSINESS

There are no formal training requirements for becoming a beautician in South Africa. But it is highly recommended you complete a course in beauty therapy.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

SA’s new visa regulations are:

Previous results · Suggest a vote

Loading...