News | Business
29 Mar 2024 18:09
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • 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


    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.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     29 Mar: Innovative New Zealand apple producing company Rockit is focussing on its international expansion
     29 Mar: Another pay offer is on the table for Police - after union members labelled the last one insulting
     28 Mar: Local councils are being challenged to back up rising debt with infrastructure revenue
     28 Mar: Employees are being reminded to know their rights and responsibilities this Easter
     28 Mar: The price gap between new builds and existing properties is starting to narrow
     27 Mar: A Bill passed in Parliament today will bring changes to the bright line test
     27 Mar: 'Bizarre' and unbelievable: Gas-rich Australia's looming need for LNG imports draws fire
     Top Stories

    RUGBY RUGBY
    A coaching conundrum for Crusaders assistant James Marshall as they look to end their losing run in Super Rugby tonight against the Chiefs in Christchurch More...


    BUSINESS BUSINESS
    Innovative New Zealand apple producing company Rockit is focussing on its international expansion More...



     Today's News

    Law and Order:
    A 30-year-old has been charged with murder after a body was found in a burnt-out car earlier this week 18:07

    Entertainment:
    Tracee Ellis Ross has paid a glowing birthday tribute to Diana Ross 17:53

    Rugby League:
    NRL Good Friday: Bulldogs take on desperate Rabbitohs, Broncos renew rivalry with Cowboys 17:37

    Cricket:
    Cricket's best female all-rounder has led England to a 4-1 T20 series win over New Zealand 17:27

    Entertainment:
    YouTube star Ninja has been diagnosed with cancer at the age of 32 17:23

    Rugby League:
    The South Sydney rugby league team is ready to lift itself off the canvas and floor the Canterbury Bulldogs in their Good Friday NRL contest 17:17

    Golf:
    Kiwi golfer Lydia Ko heads into the second round of the latest LPGA tournament in Arizona right on the cusp of the cut 17:07

    Rugby League:
    South Sydney rugby league coach Jason Demetriou has urged fans not to worry about his mental health 16:57

    Entertainment:
    Pierce Brosnan has given his seal of approval to Aaron Taylor-Johnson as the next James Bond 16:53

    International:
    World Court orders Israel to 'take all necessary and effective' action to ensure Gaza has access to humanitarian aid 16:27


     News Search






    Power Search


    © 2024 New Zealand City Ltd