Breman on NZ's Two-Speed Economy: Tightening Monetary Policy

Reserve Bank of New Zealand Governor Anna Breman spoke with Simon Shepherd in an episode of The NBR Podcast about recent economic developments. She discussed the cash rate hike and its impact on the economy, which she described as 'two-speed'.

Breman emphasized that the Reserve Bank has tightened monetary policy to manage inflation and maintain financial stability. This decision was made after considering various factors, including interest rates and employment levels.

During the conversation, Breman also addressed criticisms from politicians like Winston Peters, who have expressed concerns about the economic policies implemented by her institution.