According to the Rates Blog, Dr Bollard will be doing a speech on “Flexibility and the Limits to Inflation Targeting”.
I am looking forward to the speech – it is an important issue, and Dr Bollard and the staff at the RBNZ definitely know what they are talking about.
Generally I have shown myself to be an inflation hawk and passionate lover of inflation targeting (*) (*) – but I am looking forward to hearing the arguments provided in this speech, and will be more than happy to be proven wrong if that is the case 😉
I may write about the speech at some point – if there turns out to be anything of great interest in it.
Update: The speech was very good – I will comment tomorrow, another commentator is writing something tonight and I’m not a fan of having more than three posts a day on the blog 😉