The Reserve Bank's conceded earlier or more aggressive OCR hikes may have reduced inflation sooner. 

It's been reviewing its response to the recent three-year period of high inflation. 

Chief Economist Paul Conway says the central bank was also required to maintain maximum sustainable employment. 

It had limited data and less accurate forecasts due to Covid uncertainty. 

ANZ Chief Economist Sharon Zollner told Mike Hosking the bank will absolutely draw lessons from the report, just as they did with things like the Christchurch earthquake. 

LISTEN ABOVE 

The Reserve Bank's conceded earlier or more aggressive OCR hikes may have reduced inflation sooner.&nbsp;
It's been reviewing its response to the recent three-year period of high inflation.&nbsp;
Chief Economist Paul Conway says the central bank was also required to maintain maximum sustainable employment.&nbsp;
It had limited data and less accurate forecasts due to Covid uncertainty.&nbsp;
ANZ Chief Economist Sharon Zollner told Mike Hosking the bank will absolutely draw lessons from the report, just as they did with things like the Christchurch earthquake.&nbsp;
LISTEN ABOVE&nbsp;

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Sharon Zollner: ANZ Chief Economist on the report on the Reserve Bank's handling of Covid inflation

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f5e11808-1cdb-4436-9cb2-b3670153c0fd/transcript

Advertisement