Tomorrow Graeme Wheeler Is Giving A Speech About Macro-Prudential Policy.
Macro-prudential policy includes the high LVR speed limits I wrote about last week.
I wonder what Russel Norman will make of it? Apparently the release of the speech notes will be after 1400.
By the way, I think it’d be really cool if the Reserve Bank could upload more content to their YouTube channel.
Substituting reading a Reserve Bank document for watching a speech by a senior official would be lots of fun.
Monetary policy matters folks! We can’t let politicians like Russel Norman interfere with New Zealand’s Barro-Gordon compliant institutional arrangements by letting another government agency interfere in monetary policy decisions.