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Showing posts with label Reserve Bank Annual Report. Show all posts
Showing posts with label Reserve Bank Annual Report. Show all posts

Sunday, October 13, 2024

Dr Oliver Hartwich: The Reserve Bank's annual report - A glossy façade hiding serious issues


The Reserve Bank of New Zealand (RBNZ) just released its Annual Report for 2024, providing an opportunity to examine how the central bank views its own performance.

The Governor’s statement is revealing, praising a “Great team, best central bank” while ignoring the serious macroeconomic mismanagement by the current leadership.