With inflation running hot, Reserve Bank should raise interest rates
NZIER’s shadow board believes RBNZ has to act now to control inflation.
Brent Edwards
Mon, 22 Nov 2021
Hot Topic
Hawke’s Bay
The Reserve Bank has been urged to raise interest rates faster to combat rising inflation, although not every member of NZIER’s shadow board was unanimous about how quickly.
Overall, the board believes interest rates had to be pushed higher when the bank considers the official cash rate again
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Brent Edwards
Mon, 22 Nov 2021
Contact the Writer: brent@nbr.co.nz
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With inflation running hot, Reserve Bank should raise interest rates
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