Reserve Bank board gives governor Wheeler a free pass despite target miss
Reserve Bank's board effectively says Graeme Wheeler didn't make a mistake in raising interest rates last year, in spite of his failure to meet his inflation target.
Jenny Ruth talks about the Reserve Bank on NBR Radio and on demand on MyNBR Radi
Jenny Ruth Tue, 29 Sep 2015
The Reserve Bank’s board effectively says governor Graeme Wheeler didn’t make a mistake in raising interest rates last year, in spite of his failure to meet his inflation target.
That comes as outside observers say the governor both raised rates too fast and too high and kept them high for too
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