It’s amazing how relaxed the commentariat is about the Reserve Bank’s failure to meet its inflation target and how many excuses are being invented to let that failure slide.
Economists, analysts, politicians and former Reserve Bank governors are all interviewed in NBR's special investigation into the RBNZ podcast. With special feature audio.
The only thing that would stop rate cut in August would be a plummeting New Zealand dollar. With special feature audio.
Inflation might be minimal but an interest rate cut now would be pouring nitroglycerin onto an already out-of-control conflagration – unless the Reserve Bank plans a surprise macro-prudential move. With special feature audio.