“The independent review of New Zealand’s monetary policy response to COVID-19 confirms the Reserve Bank fuelled inflation and higher mortgage rates, with Labour’s dual mandate weakening the focus on price stability. This Government has done the hard work of recovering from that economic mess and putting the books on a better track, but we can’t claim victory yet. The next Government will need to be laser-focussed on ending waste so we can grow the economy,” says ACT Leader David Seymour.