Tag: athanasios_orphanides

Reserve Bank Kept COVID Stimulus Too Long, Independent Review Finds

22 Sep 2026 3:08 p.m. · Source: New Zealand Government

An independent review finds New Zealand's Reserve Bank kept monetary stimulus in place too long during COVID-19, fuelling inflation of 7.3 per cent and a costly boom-bust cycle.

Politics and Government Business Health Economy Banking Federal Government Employment and Labor Reserve Bank of New Zealand Nicola Willis COVID-19 monetary policy inflation Athanasios Orphanides David Archer Monetary Policy Committee New Zealand Government