PremiumOpinionRichard Prebble is a former Labour Party minister and Act Party leader.
In this episode of The Economy of Everything, Liam Dann & Tamsyn Parker give an update on the prices at the pump as well as previewing the OCR decision and this week's budget.A strong and credible Reserve Bank is a great asset for a modern economy. A weak Reserve Bank is a serious liability.New Zealand once had a world-leading central bank. The Reserve Bank’s inflation-targeting framework was copied around the world.Today, the institution’s credibility is badly damaged, in my opinion.
