News | Business
15 Jul 2025 1:04
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Questions about the end game for inflation over the next few years

    Questions about the end game for inflation over the next few years

    20 May 2022
    The Reserve Bank's target is to maintain inflation between 1 and 3 percent.

    Economist Cameron Bagrie says Treasury's forecasting inflation to average 4.1 percent over a five year period --- and we've been used to it averaging 2 percent for the past 30-odd years.

    He says maybe the economic cost of getting inflation back down towards two percent...is too hard.

    Bagrie says maybe two percent inflation is a little pie in the sky and as the economic costs become too hard to bear, we shift the inflation goalposts.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     14 Jul: Meal-kit company HelloFresh has pleaded guilty to five charges of misleading customers
     14 Jul: Continued tough news for our economy -- with the service sector still not back in recovery mode
     14 Jul: Retail spending's risen in June, as Kiwis fork out for a winter wardrobe
     14 Jul: The Education Minister wants to build our numbers of overseas students
     14 Jul: Attempts to patch up what's being described as our broken energy market, don't yet stretch far enough
     13 Jul: Belief the Government needs to step up, and make urgent changes to the energy market
     13 Jul: The Prime Minister is being warned soaring power prices are leaving Kiwis to make difficult decisions this winter
     Top Stories

    RUGBY RUGBY
    Coach Scott Robertson's laying down a challenge to the All Blacks squad with their series against France already in the bag ahead of the third and final test More...


    BUSINESS BUSINESS
    Meal-kit company HelloFresh has pleaded guilty to five charges of misleading customers More...



     Today's News

    Rugby:
    Coach Scott Robertson's laying down a challenge to the All Blacks squad with their series against France already in the bag ahead of the third and final test 21:57

    Entertainment:
    Becca Tilley was shocked by Hayley Kiyoko's proposal at a nudist beach 21:40

    Accident and Emergency:
    State Highway 56 in Manawatu-Whanganui is closed at Tiakitahuna - after a crash at about 7:30 this evening 21:17

    Entertainment:
    Sami Sheen is having second thoughts about getting her breast implants removed 21:10

    Entertainment:
    Brooklyn and Nicola Peltz-Beckham are no longer following his brothers on Instagram 20:40

    Entertainment:
    Beyonce has swapped her flying red Cadillac for a gold mechanical horse following a frightening stage mishap during her Cowboy Carter tour 20:10

    Entertainment:
    Dennis Quaid "didn't really get a lot of sleep" when he was waiting to hear from his daughter Zoe as she was working in Texas during the recent disastrous floods 19:40

    Entertainment:
    Kim Zolciak has had problems after undergoing body contouring 19:10

    Living & Travel:
    Regional Tauranga airline, Sunair, has been grounded for 10-days - since late last Wednesday 18:57

    Entertainment:
    Olivia Culpo has given birth to a baby girl 18:40


     News Search






    Power Search


    © 2025 New Zealand City Ltd