Does fighting inflation always lead to recession? What 60 years of NZ data can tell us
- Written by Michael Ryan, Teaching Fellow in Economics, University of Waikato
GettyImagesfatido/Getty ImagesThere 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...
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