Reserve Bank has no regrets over its Covid monetary policy conduct
But Act leader David Seymour accuses it of a ‘woeful level of accountability’.
Brent Edwards
Thu, 24 Feb 2022
Reserve Bank governor Adrian Orr has acknowledged it is a challenge for the bank to make the right monetary response to rising inflation.
Yesterday the bank raising its official cash rate from 0.75% to 1% and signalled it will go above 3% by 2024.
At Parliament’s Finance and Expenditure
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Brent Edwards
Thu, 24 Feb 2022
Contact the Writer: brent@nbr.co.nz
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Reserve Bank has no regrets over its Covid monetary policy conduct
Politics,
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