close
MENU
3 mins to read

RBNZ: Wheeler to cut, to advise, to encourage, and to warn

Central bank governors are, effectively, the constitutional monarchs of economic policy.
 
NBR Political & Economics Editor Rob Hosking breaks down the week ahead on NBR Radio and on demand on MyNBR Radio.

Mon, 07 Sep 2015

Central bank governors are, effectively, the constitutional monarchs of economic policy.

That is, a lot of their role is “to advise, to encourage and to warn,” to borrow the phrase used by UK 19th century constitutionalist Walter Bagehot about the role of the monarch.

Advice, encouragement, and

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
RBNZ: Wheeler to cut, to advise, to encourage, and to warn
51320
true