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NZ Economy Under Observation / News of the Money-World #46

NZ Everyday Investor

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Reserve Bank Governors Taking a Hawkish Tone?

i think what this alludes to is the fact that the same forces we're facing here and terms of rising supply side issues, is the same sort of forces that other economies are dealing with. So for whatever level of demand we have, you know, weare unable to supply as much arm. That feeds through to important inflation around the worlds. And i think the, you know,. adrian ll 's just talking about what he learnt there, and that's now reflected in what he's talking about in terms of local policy response.

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