Media release: The false “inflation versus job” narrative
Wellington (Thursday, 18 August 2022):
A Policy Note by Senior Research Fellow, Dr Bryce Wilkinson was published today by the New Zealand Initiative.
It rebuts the argument that New Zealand’s inflation rate today is a result of deliberate Reserve Bank decisions in 2020 to save jobs and the economy at the expense of inflation. Throughout 2020 the Reserve Bank was forecasting that inflation would remain below or within its 1-3% p.a. target range until late 2023.
Read our policy point: The false "inflation versus job" narrative here
Dr Bryce Wilkinson is available for comment. To schedule an interview, please contact:
Chelsy Killick, Operations Director
P: 04 494 0790