Editorial: Trump's Tirade
OPINION: "We are back to where we were a year ago," according to a leading banking analyst in the UK, referring to US president Donald Trump's latest imposition of a global 10% tariff on all exports into the US.
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.
