Jenee Tibshraeny: NZ Herald Wellington business editor on the Reserve Bank revealing Covid spending didn't contribute to inflation issues
The Reserve Bank recently disputed the idea that Covid-era money printing programme caused sky-high inflation, which cost the Government billions.
Staff at the bank have published new research that concludes the bank’s $55 billion Large-Scale Asset Purchase (LSAP) programme didn’t 'meaningfully' contribute to above-target inflation following the pandemic.
NZ Herald Wellington business editor Jenee Tibshraeny explained further.
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