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Finance Minister looks to the future as inflation settles

Author
Newstalk ZB,
Publish Date
Thu, 17 Oct 2024, 8:55am
Photo / Mark Mitchell
Photo / Mark Mitchell

Finance Minister looks to the future as inflation settles

Author
Newstalk ZB,
Publish Date
Thu, 17 Oct 2024, 8:55am

The Finance Minister says there's more work to be done to get the economy growing. 

New Zealand's inflation rate is officially back on target at 2.2%, its lowest rate in more than three years. 

Nicola Willis told Mike Hosking she's already focused on looking ahead to the next Reserve Bank decision in November. 

She says they’ll be looking at how the economy is functioning and how monetary policy is transmitting through, and reducing interest rates further will be good for many businesses. 

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