Can New Zealanders trust the Reserve Bank?
Q+A with Jack Tame
00:00
Exploring Reserve Bank Influence and Monetary Policy Challenges
This chapter explores the constraints of a Reserve Bank's role in shaping long-term employment, underscoring the importance of economic fundamentals like productivity. It also critiques political engagement in monetary policy, evaluates a suggestion to adjust inflation targets, and questions the current capital requirements for banks compared to global norms.
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