NZ Inflation Pioneer Pushes New Tool as Rate Influence Wanes

A quarter of a century after pioneering inflation targeting, New Zealand’s central bank is recommending the use of additional tools to control prices as its influence over long-term domestic borrowing costs wanes.

A quarter of a century after pioneering inflation targeting, New Zealand’s central bank is recommending the use of additional tools to control prices as its influence over long-term domestic borrowing costs wanes.

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