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Reserve Bank looks for positive inflation to grow economy

Monetary policy cannot do it on its own.

Brent Edwards Thu, 14 Nov 2019

Reserve Bank governor Adrian Orr says the challenge confronting the bank is part of a global conundrum faced by central banks.

Yesterday, the bank kept the official cash rate at 1% but signalled it could go lower if inflation remained stubbornly low.

When the Reserve Bank first got its

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Brent Edwards Thu, 14 Nov 2019
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Reserve Bank looks for positive inflation to grow economy
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