TLDR & TLDL: Bernard Hickey talks in the podcast above with fellow Press Gallery wonk Jenee Tibshraeny from Interest.co.nz about events around the Beehive, including the Reserve Bank’s recent moves to tighten monetary policy. (This was recorded on Friday February 25).
In this podcast, Jenee and I talk about:
The Reserve Bank’s rate hike and warning of further tightening;
its plans to sell Government bonds back to the Treasury directly at a rate of $5b per year, and what that might mean for the Government’s borrowing programme;
the decision by the Reserve Bank to reappoint two members of its Monetary Policy Committee; and,
the pros of cons of having a dual mandate with the Reserve Bank targeting both low inflation and full employment.
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