UP 107: Central Banks Expanding Mandates, Seeking Flexibility
The Reserve Bank of New Zealand, in addition to targeting inflation, is adding the goal of maximizing employment and is the latest central bank to add new mandates to increase flexibility.
UP 107: Central Banks Expanding Mandates, Seeking Flexibility
The Reserve Bank of New Zealand, in addition to targeting inflation, is adding the goal of maximizing employment and is the latest central bank to add new mandates to increase flexibility.