Luxon’s comments about the OCR have stirred debate over political influence, just as the Reserve Bank begins weighing whether to relax rules that the government opposes.
House Minister Chris Bishop has openly called for house prices to fall. But Prime Minister Christopher Luxon wants to see modest increases.
The comments potentially breach rules around the Bank's independence.
The Government is set to decide next month whether to recognise a Palestinian state.
OPINION: It's hardly carnival time, but a glimmer of better times ahead – and confirmation that the Government’s unimaginative wait-and-hope plan on the economy may work – will provide some relief for Christopher Luxon.
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