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Monday, October 12, 2026

News24 | OPINION | Forward guidance is dead; long live forward guidance

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Reserve Bank Governor Lesetja Kganyago. The authors argue that markets may no longer need an Odyssean promise about where rates are going, but they still need to understand what would make a central bank change course.

Reserve Bank Governor Lesetja Kganyago. The authors argue that markets may no longer need an Odyssean promise about where rates are going, but they still need to understand what would make a central bank change course.

Waldo Swiegers/Bloomberg via Getty Images

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