A steep learning curve for RBNZ Governor Breman

On Central bank independence and boomerangs

One of my colleagues, the late William “Bill” Rees, applied a simple rule to manage his time: “What would happen if I did not respond to this email?” That should have been RBNZ Governor Anna Breman’s first response to the urge to co-sign the ECB press statement in support of Federal Reserve System Chair Jerome H. Powell.

I understand the good intentions …