What’s at stake: Why should we care about the RBNZ’s key 1-3% inflation target band?
Background: Headline inflation is back in the key zone but domestic inflation still has a way to go.
Main players: ANZ, Sharon Zollner, HSBC, Paul Bloxham, Kiwibank, Sabrina Delgado, BNZ, Mike Jones, RBNZ, Adrian Orr, Christian Hawkesby, Donald Trump, Stats NZ.
Inflation is finally back in the key 1-3% target band after a long absence and the RBNZ has now delivered three consecutive rate cuts to take some heavy pressure off the economy.
But can the central bank afford to be more flexible with its target band? And, if so, would that have meant it delivered
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What’s at stake: Why should we care about the RBNZ’s key 1-3% inflation target band?
Background: Headline inflation is back in the key zone but domestic inflation still has a way to go.
Main players: ANZ, Sharon Zollner, HSBC, Paul Bloxham, Kiwibank, Sabrina Delgado, BNZ, Mike Jones, RBNZ, Adrian Orr, Christian Hawkesby, Donald Trump, Stats NZ.
