I will also address some important differences between our concept and alternative strategies, and I will explain why I consider the ECB’s strategy to be perfectly suited to the monetary policy of the euro area. I will then say a few words about the importance of sound public finances and structural reforms, particularly at such a critical point in time. 1.
At six months in to my role this is possibly the last time I can claim to be a recent joiner at the Reserve Bank of New Zealand - Te Pūtea Matua where it’s my privilege to be an Assistant Governor and the General Manager of Economics, Financial Markets and Banking.