Did RBNZ's Graeme Wheeler miss the boat or is he being cool-headed?

Economists are divided on whether Graeme Wheeler should have taken further action yesterday to stamp on run-away house price inflation. With special feature audio.

Jenny Ruth
Thu, 12 May 2016

Did Reserve Bank Graeme Wheeler miss an opportunity to push against the rekindling housing market, particularly in Auckland?

Or is he being cool-headed and avoiding knee-jerk reactions?

Figures yesterday left no doubt that house prices are rising at alarming rates, annual growth accelerating to

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