BBCNEWS Asia July 3, 2024
Down The Cost Of Living which has been one of the main issues in the election. The economy has been teetering on the brink of recession while New Zealanders have been feeling the pinch from soaring prices as well as unaffordable housing. Meanwhile the central bank has pledged not to lower the official cash rate from its 15 year high until inflation is backin 15 year high until inflation is back in the targeted Comfort Range of 1 up to 3 . We have spoken to Arthur Grimes from Victoria University of wellington who spent a decade as chairman at the Reserve Bank Of New Zealand between 2003 and 201...
Source: archive.org