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4min chapter
Nicola Willis is breaking from tradition
When the Facts Change
Is It Possible to Have a Fully Independent Reserve Bank?
Is it ever possible to have a truly independent central bank that is targeting a single thing like an inflation target? I think independence will remain and is still critically important. The Reserve Bank itself is doing a couple of reviews, one of an annual of ever-uncinated five-year review of how the Reserve Bank act,. which was changed a wee while ago, is working.
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