New Zealand’s low inflation rate a result of a ‘mismatch’ of beliefs
New Zealand firms and consumers not understanding monetary policy is one of the reasons inflation is ‘shockingly low', an expert tells NBR Online.
Jason Walls
Thu, 07 May 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The low rate of inflation in New Zealand is in part due to a mismatch of ideas between consumers, firms and the Reserve Bank, an expert says.
AUT senior economics lecturer Saten Kumar says that, in general, people in New Zealand tend to be largely inattentive about what the Reserve Bank is
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Jason Walls
Thu, 07 May 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
