New Zealand's Makhlouf on Election, RBNZ, Interest Rates

New Zealand's Makhlouf on Election, RBNZ, Interest Rates

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses potential changes to the Central Bank's mandate, focusing on employment alongside inflation. It explores the idea of forming a committee for interest rate decisions, including external experts, and the merits of such a system. The Treasury's role in interest rate decisions is clarified, emphasizing the importance of price stability and the current inflation outlook.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the Treasury's stance on interest rate hikes and the role of the Reserve Bank?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current thinking regarding inflation and price stability according to the Treasury?

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