From the Editor's Desk

Does fighting inflation always lead to recession? What 60 years of NZ data can tell us

There is an ongoing global debate over whether the high inflation seen in the aftermath of the COVID-19 pandemic can be lowered without a recession.

New Zealand is not immune to this issue. Reserve Bank governor Adrian Orr has said a recession is needed to tame inflation – described as a “hard landing”. Others have disagreed, arguing New Zealand could and should aim for a soft landing (a reduction of inflation with no recession).

Continued here

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