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Ex-Central Bank Chief Created Inflation Targeting, Reveals Why | Don Brash
Description
The Reserve Bank of New Zealand (RBNZ) was the first central bank in the world to introduce inflation targeting, implementing an inflation target of 0%-2% in 1989. Don Brash was the former governor of the RBNZ during this time, and discusses why this policy was introduced, and its impact on central banks' monetary policies around the world.
*This video was recorded on June 3, 2024
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0:00 - Intro
0:50 - Origins of inflation target
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