Unconventional monetary policy: was it worth the effort?
Economy Matters: The Reserve Bank needs a credible exit strategy.
John McDermott
Tue, 17 Aug 2021
The Covid-19 pandemic and the resulting lockdowns generated a massive economic contraction that forced the Reserve Bank to drop interest rates to zero percent and even consider taking them into negative territory. However, it was feared that the near-zero policy interest rate would not be enough to
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John McDermott
Tue, 17 Aug 2021
Contact the Writer: john.mcdermott@motu.org.nz
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Unconventional monetary policy: was it worth the effort?
Analysis,Columns,
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