Reports & Media

Newstalk ZB: Heather du Plessis-Allan on how the Initiative spotted inflation risks before the Reserve Bank

Heather du Plessis-Allan discussed the Reserve Bank's handling of inflation during COVID on Newstalk ZB, highlighting that The New Zealand Initiative first identified that COVID could cause inflation a year and a half before the Reserve Bank began tightening in October 2021.

She noted the Initiative also warned in February 2022 that inflation was becoming a problem, while the bank continued its cheap lending programme until December 2022 when inflation had already reached 7.2%. Listen below.