Labour market's 'sweet spot' makes it easier for Reserve Bank's dual mandate
Analysis: Strong demand for labour but low wage inflation mark a break with historical precedent.
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The labour market poses no problems for the Reserve Bank ahead of its first statement under its new dual mandate to take account of employment levels as well as inflation in fixing monetary policy.
Statistics NZ's latest figures for the March quarter show unemployment continuing to fall while
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Nevil Gibson
Wed, 02 May 2018
Wed, 02 May 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Labour market's 'sweet spot' makes it easier for Reserve Bank's dual mandate
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