![Tame inflation may show high dollar is doing Bollard's work](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Tame inflation may show high dollar is doing Bollard's work
New Zealand probably recorded the tamest inflation in a decade in the third quarter, helped by a tepid economy and a rapidly appreciating currency.
New Zealand probably recorded the tamest inflation in a decade in the third quarter, helped by a tepid economy and a rapidly appreciating currency.
The New Zealand dollar held above 75 US cents as the greenback rallied after China boosted the level of cash that six of its biggest banks need to keep on hand.
The New Zealand dollar is nearing 75 US cents after share markets around the world rallied overnight.
The version of the free market we had wasn't really free or perfect.