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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Economics
3 mins to read

Fed Farmers calls on RBNZ to abandon employment mandate

RBNZ releases first wave of feedback to five-yearly review of monetary policy remit.

More weight should be given to inflation targeting, according to RBNZ feedback.

The RBNZ’s dual mandate has received a cool reception, after the central bank completed the first stage of public consultation on its monetary policy remit.

Most submitters thought inflation should have a bigger focus over the maximum sustainable employment, or that the employment objective should

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Jonathan Mitchell Wed, 12 Oct 2022
Contact the Writer: jmitchell@nbr.co.nz
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Fed Farmers calls on RBNZ to abandon employment mandate
Economics,
96130
true