Jobs dilemma cannot be avoided
The Reserve Bank's new "dual mandate" will be tested when the economy turns sour and unemployment rises.
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Hawke’s Bay
Reserve Bank governor Adrian Orr’s start to his new job this week will probably be his easiest in the role.
The new Policy Targets Agreement signed with the finance minister outlines a “dual mandate” that now includes employment considerations in addition to inflation targetting.
But as
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Jobs dilemma cannot be avoided
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