MONETARY POLICY AND THE MPC: RECOGNISING THE FACTS JANUARY 2015

Professor Brian Kantor has had a long academic career at the University of Cape Town where he served as a Lecturer and Professor of Economics and as Dean of the Faculty of Commerce. Brian is currently the Chief Strategist and Economist at Investec Wealth and Investment (IW&I) in South Africa. WellsFaber partner with IW&I’s team of direct equity portfolio managers as one of the providers of managed equity portfolios both locally and offshore for our clients. The following article, recently penned by Prof Kantor, provides an interesting view on the connection between the Rand, Interest Rates and the resulting challenges faced by the MPC .