…the very next day, [Roger] Douglas appeared on TV declaring his intention to reduce inflation to ‘around 0 or 0 to 1 percent’ over the next couple of years, and then went on to make several similar comments in the following days. Douglas would soften his stance on specific timelines but ask the Reserve Bank and […]
How New Zealand invented inflation targeting
How New Zealand invented inflation targeting
13 Jun 2025 1 Comment
in business cycles, history of economic thought, inflation targeting, labour economics, macroeconomics, monetary economics, politics - New Zealand, unemployment Tags: monetary policy
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