RBNZ Spikes the Punch Again as Inflation Fails to Join Party

Updated on
  • Lessons for the Fed? Wheeler seen reversing 2014 tightening
  • ``They've now ended up with inflation that is too low'': HSBC

When New Zealand central banker Graeme Wheeler started raising interest rates last year, he said record-low borrowing costs had spiked the punch long enough. The trouble is, inflation never came to the party.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.