Where is Luxon?
OPINION: Why can't Christopher Luxon stand up to Winston Peters over the latter’s high-profile attack on the proposed Indian FTA?
Your old mate is no fan of the bully-boy tactics of the Trump administration and its attempts to strong-arm the US Fed on rates, but in her attempt to show support for central bank independence, Breman and a cohort of international central bank leaders undermined that independence by committing the cardinal sin – they got political.
Having received a smack on the hand from Peters, it will be interesting to see if the political naivety of the new RBNZ boss has been sorted.
Winnie was correct in saying the RBNZ had no role in US politics and should not involve itself.
