NZIER's Shadow Board calls for tightening within the coming year

In: http://hdl.handle.net/11540/13921

Abstract

There are growing calls amongst Shadow Board members for the Reserve Bank to tighten monetary policy given the pick-up in inflation pressures in the New Zealand economy. Many on the Shadow Board now see a tightening in monetary policy at the upcoming July meeting as appropriate. Beyond that, an overwhelming majority thinks monetary policy should be tightened within the coming year.