NZ business leaders happy with inflation policy

NEW ZEALAND - Most of the country's top business people see no need to alter the way the Reserve Bank administers monetary policy.

The latest Business Herald business leaders survey - involving the bosses of big companies - has found little support for changing the Policy Targets Agreement with the new Governor of the Reserve Bank.

The issue came to the fore during the election campaign when Finance Minister Michael Cullen indicated that the Government might amend the Reserve Bank's riding inst

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