What does Govt being ‘more of a friend than foe’ to RBNZ mean?
ANALYSIS: Exploring the relationship between our government and the Reserve Bank.
NBR columnist Christoph Schumacher speaks with Jonathan Mitchell.
In my last column , I used a puzzling proverb to show that we can’t simultaneously have low inflation and cheap money. Today, I use the equally puzzling comment made by Adrian Orr in the OCR announcement that the government is ‘more of a friend than foe’ to explore the relationship between our
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