'The OCR default should be seen as neutral, not as super easy' - Interest.co.nz

Ex-RBNZ Deputy Governor and Acting Governor Grant Spencer says the RBNZ should've started increasing the OCR sooner to combat inflation, gives his outlook for inflation

By Gareth Vaughan By late 2020 it was clear central bank and government monetary policy and fiscal policy responses to the Covid-19 pandemic had prevented a major economic downturn, and thus the Res… [+5163 chars]

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