News | Business
19 Jul 2025 12:20
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
     19 Jul: ???1;Restaurants and bars are under increasing pressure from rising wage bills
     18 Jul: Three people have been arrested in Christchurch, tracked by police using a commercial helicopter
     18 Jul: Meta investors settle $8b lawsuit with Zuckerberg over Facebook privacy
     18 Jul: Warnings the wild weather that's battered the top of the South Island - will push up produce prices
     18 Jul: A BNZ whistleblower's vowing to fight on, after being awarded more than 500-thousand dollars
     18 Jul: Culture changes in the east are causing price rises in the west
     18 Jul: Concerns the Commerce Commission's stripping millions from payment system innovation
     Top Stories

    RUGBY RUGBY
    Wellington hospitality venues are prepare for another big sporting weekend More...


    BUSINESS BUSINESS
    ???1;Restaurants and bars are under increasing pressure from rising wage bills More...



     Today's News

    Health & Safety:
    Less than 0.5 percent of telehealth call and texts trigger help from emergency services 11:57

    Entertainment:
    Queen Camilla has become the first woman to be named Vice Admiral of the United Kingdom 11:51

    Golf:
    Golfer Matt Fitzpatrick insists the pressure lies with world number one Scottie Scheffler at the halfway mark of The Open major at Royal Portrush 11:47

    Motoring:
    Two people are seriously injured after a fleeing driver drove the wrong way on an Auckland motorway 11:37

    Politics:
    South Korea's new president faces battle over gender equality 11:37

    Politics:
    Foreign Minister Winston Peters is joining the international condemnation of malicious cyber activity by the Russian government 11:27

    Law and Order:
    The injunction's been lifted on the details behind allegations against former Police Deputy Commissioner Jevon McSkimming 11:27

    Entertainment:
    Jelly Roll sent Logan Paul crashing through a table during a chaotic episode of Jimmy Kimmel Live! 11:21

    International:
    Victoria's children's commissioner concedes 'no-one' overseeing key decisions of office, Joshua Brown red flag 11:17

    Entertainment:
    Rob Kardashian quit the family's reality TV projects because he wanted to put his "peace and happiness" first 10:51


     News Search






    Power Search


    © 2025 New Zealand City Ltd