Employment directive reinforces RBNZ’s flexible inflation targeting
Moving to committee-based monetary policy setting is an evolution, not a revolution.
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Hawke’s Bay
Including employment in the Reserve Bank’s mandate will help reinforce the flexibility of inflation targeting, according to the central bank’s chief economist John McDermott.
“I see the inclusion of (maximum sustainable) employment into our mandate as reinforcing the flexibility of inflation
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Jenny Ruth
Thu, 12 Apr 2018
Thu, 12 Apr 2018
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Employment directive reinforces RBNZ’s flexible inflation targeting
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