Reserve Bank should reconsider whether interest rate rises are actually reducing prices
A former RBNZ adviser argues interest rate increases may not be working as intended to control inflation.
An opinion piece by a former Reserve Bank adviser suggests that official cash rate hikes may not be effectively lowering prices as expected. The writer raises questions about whether the traditional monetary policy tool is functioning as the central bank intends.
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NZ Herald
The Reserve Bank should ponder how an OCR hike might actually increase prices – Conor English
OPINION: As a former RBNZ adviser, there's hints interest rate rises aren't fully working.