It was revealed on Friday that as part of the coalition agreement, the new Government had agreed to focus the Reserve Bank’s remit solely on price stability.
It will drop its requirement to support maximum sustainable employment.
I thought National had a policy to fix inflation thats caused by "the other lot" Now they seem to be offloading that to the RBNZ, so when it fails they offload the blame?] to Orr and RBNZ?