Academic gives RBNZ a 5/10 ‘pass’ mark for monetary policy
University Economics Forum hears from RBNZ’s Orr and Conway on monetary policy, while others put the boot in.
Orr said central banking came with many trade-offs.
The Reserve Bank has been given a mediocre 5/10 pass mark by an academic economist for its monetary policy decisions over the last five years.
It came up at Waikato University’s New Zealand Economics Forum today, where the central bank’s “report card” was the topic of conversation for
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