8 Mar 2018

Raise inflation? NZ economic experts dismiss idea

From Morning Report, 6:46 am on 8 March 2018

Is an obsession with keeping inflation low a bad thing? Fears the world's central banks won't have enough fire power to combat future recessions have some economists favouring raising the inflation target. But the idea has been given short shrift in New Zealand. RNZ economics correspondent Patrick O'Meara reports.