Articles tagged PTA

Updated

Reserve Bank Governor-designate Adrian Orr and Finance Minister Grant Robertson said there would be no change to the Bank’s two percent mid-point target for inflation when they signed the Reserve Bank’s new Policy Targets Agreement at the Beehive on Monday, but they did include a new aim of supporting maximum levels of sustainable employment.

For the convenience of subscribers, here's my weekend column in which I argue the RBNZ is failing to hit its current inflation target and either needs a new target or a new way to achieve its current one.

For the convenience of subscribers, here's my weekend column arguing the Reserve Bank and Bill English should stop turning a blind eye to the breach of the bank's 1-3% inflation target and have a debate about widening or lowering the target.