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
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Reserve Bank looks for positive inflation to grow economy
Politics,
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