Mortgage News

New normal threatens RBNZ tactics

Wednesday 2nd of December 2015

A new report by the New Zealand Institute of Economic Research (NZIER) has said that the Reserve Bank needs to reassess its use of inflation targeting.

While inflation targeting has long been a successful way of managing inflation without reducing economic growth, times have changed.

The current economic environment means the Reserve Bank’s battle is not so much demand, but rather...

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