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Economy Matters
4 mins to read

Real reason inflation will persist as a problem

ANALYSIS: The funding-for-lending programme should never have got off the ground.

NBR Columnist John McDermott speaks with Brent Edwards

With inflation at its highest level in decades, you would think that the Reserve Bank would do everything it could to fix the problem. It is undoubtedly pushing up interest rates as required. However, what is genuinely dumbfounding is that it is allowing its monetary base to expand.

We know that in

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John McDermott Thu, 23 Jun 2022
Contact the Writer: john.mcdermott@motu.org.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Real reason inflation will persist as a problem
Economy Matters,
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