Inflation fears could ease - economist
Other nations would find inflation coming down to a level much lower than they are now.
The remarks came at the annual conference of INFINZ, the Institute of Financial Professionals of New Zealand.
The speaker was a Chicago expert, Carl Tannenbaum, who is chief economist at the American company Northern Trust.
His comments come amid hopes that any fall in American inflation would influence New Zealand, since it would reduce the appeal; of the US dollar to investors and thereby lower its value.
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That would raise the value of the New Zealand dollar and stem imported inflation, which would ease headaches at the Reserve Bank, along with risks of serious side effects for ordinary borrowers.
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