New Zealand’s greatest invention: a monetary policy structure?

New Zealand’s greatest invention: a monetary policy structure?


RBNZ chief economist Paul Conway joins Bernard Hickey to talk about monetary policy, quantitative flexibility, the state of inflation, and RBNZ’s relationship with the government.

This week, when the facts change, Bernard Hickey chews the monetary policy of fat with the chief of the guest reserve bench Paul Conway. Has inflation segmentation (a political structure was first introduced in Aotearoa 35 years ago) actually our greatest invention? Was the quantitative facility a success? Is inflation different now? And should banks and governments reserve work longer, not against each other? Listen to find out.

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