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New Zealand's main opposition party wants to quickly remove the RBNZ's dual mandate

Nicola Willis is the finance spokesperson for New Zealand's main opposition party. Willis spoke in an interview with Bloomberg TV and said that if her party won power it'd quickly remove the employment mandate from the Reserve Bank of New Zealand, leaving only the inflation mandate.In 2017, the NZ Labour Party won office. The new government overhauled the Reserve Bank, and in doing so expanded its mandate to include both stable prices and maximum sustainable employment. Its this second part that... Read More

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Posted: Aug 31 2023, 22:05

Author Name: forexlive

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