deficits

Economist Brian Easton says a close analysis of the Treasury assessment of the Medium Term in its PREFU 2023 suggests the economy may be entering a new phase

Economist Brian Easton says a close analysis of the Treasury assessment of the Medium Term in its PREFU 2023 suggests the economy may be entering a new phase

Economist Brian Easton says despite the headlines, things are not much worse than at the time of the 2023 budget - but fiscal management is always difficult

Economist Brian Easton says despite the headlines, things are not much worse than at the time of the 2023 budget - but fiscal management is always difficult

The Reserve Bank drives economic policy with officials, rather than elected Government, in the driver’s seat. But the Reserve Bank mandate provided by the Government is where it all starts

The Reserve Bank drives economic policy with officials, rather than elected Government, in the driver’s seat. But the Reserve Bank mandate provided by the Government is where it all starts

Quantitative easing is surely driving down interest rates and in time will most likely lead to inflation. Whether it will stimulate the economy is much more problematic

Quantitative easing is surely driving down interest rates and in time will most likely lead to inflation. Whether it will stimulate the economy is much more problematic

Willem Buiter warns that Modern Monetary Theory's implicit assumptions could encourage reckless policymaking

Willem Buiter warns that Modern Monetary Theory's implicit assumptions could encourage reckless policymaking