We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Target practice

11 June 2015 By Andy Mukherjee

Both New Zealand and South Korea have cut interest rates by a quarter percentage point. But while Governor Graeme Wheeler reacted to just six months of sluggish prices, Korean inflation has been below target for three years. Timidity has been the central bank’s biggest failure.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)