Reputation is the RBNZ’s big challenge now
ANALYSIS: A review of five years of monetary policy is big on information, but perception also has a part to play.
Her late majesty knew a thing or two about keeping up appearances.
In Shakespeare’s tragic play Othello the word ‘reputation’ occurs 10 times, a frequency boosted by some emphatic repetition from the unfortunate Cassio.
In the Reserve Bank’s review of its monetary policy over the past five years – including, most significantly, the Covid crisis – it
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