net foreign liabilities

It was lost but now it's found; the Reserve Bank appears to be getting its collective head around where inflation is living in the modern world - and what it is likely to do in future

It was lost but now it's found; the Reserve Bank appears to be getting its collective head around where inflation is living in the modern world - and what it is likely to do in future

Reserve Bank Assistant Governor John McDermott says the measure of inflation the RBNZ pays attention to is running at about 1.4%; the 'neutral interest rate' is now down to 3.5%

Reserve Bank Assistant Governor John McDermott says the measure of inflation the RBNZ pays attention to is running at about 1.4%; the 'neutral interest rate' is now down to 3.5%

Reserve Bank says it will be watching the behaviour of banks and any signs of increased reliance on offshore funding

Reserve Bank says it will be watching the behaviour of banks and any signs of increased reliance on offshore funding