Reports & Media

Newstalk ZB: Mike Hosking mentions the Initiative's monetary policy report

Mike Hosking discussed the Initiative's report "Monetary policy without mates" on Newstalk ZB, agreeing with its argument that the Reserve Bank has been unfairly scapegoated for the current recession when it was simply doing its job of bringing inflation under control. He emphasised that the government's fiscal policy worked against the Reserve Bank's efforts, with Grant Robertson's spending forcing interest rates to stay higher for longer. Listen below.