1 00:00:00,080 --> 00:00:02,520 Speaker 1: The Swedes do central banking a little different to us, 2 00:00:02,600 --> 00:00:04,760 Speaker 1: and I reckon it's good news that we've got a 3 00:00:04,800 --> 00:00:09,280 Speaker 1: Swede in charge. Ricks Bank, which is basically their RBNZT equivalent, 4 00:00:09,800 --> 00:00:14,160 Speaker 1: is really big on this little thing called transparency. Three 5 00:00:14,160 --> 00:00:17,240 Speaker 1: things to know. This is stuff they do that we don't. 6 00:00:17,400 --> 00:00:21,280 Speaker 1: Currently they rank in number one amongst the best performing 7 00:00:21,320 --> 00:00:24,280 Speaker 1: on openness and honesty in the world. Number two, they 8 00:00:24,280 --> 00:00:28,600 Speaker 1: publish an actual Ford forecast for the ocr we don't. 9 00:00:28,920 --> 00:00:33,080 Speaker 1: And number three they publish alternative scenarios and minutes. In 10 00:00:33,120 --> 00:00:35,800 Speaker 1: the minutes, you get to see which of these guys 11 00:00:35,880 --> 00:00:40,000 Speaker 1: voted which way and their justifications for doing so. Currently, 12 00:00:40,200 --> 00:00:43,440 Speaker 1: we don't get to know which way the committee members voted, 13 00:00:43,720 --> 00:00:47,440 Speaker 1: let alone why. And remember it's not just rixmank that 14 00:00:47,520 --> 00:00:49,760 Speaker 1: does this, it's the FED in the US, the Bank 15 00:00:49,800 --> 00:00:54,880 Speaker 1: of England. They all reveal who, some even reveal why, 16 00:00:55,640 --> 00:00:58,840 Speaker 1: So why don't we. Here's hoping the Swede in charge 17 00:00:58,880 --> 00:01:01,880 Speaker 1: will help shape things up. Changes will be made, Sunlight 18 00:01:01,920 --> 00:01:04,560 Speaker 1: will be shone, a new dawn perhaps for number two. 19 00:01:04,640 --> 00:01:07,319 Speaker 1: The terrace after a dark and cloudy, let's face it, 20 00:01:07,600 --> 00:01:11,800 Speaker 1: roller coaster ride of terror under Adrian Or. Her name 21 00:01:11,920 --> 00:01:15,200 Speaker 1: is Aarna breman Cev reads as you'd expect current who 22 00:01:15,280 --> 00:01:17,319 Speaker 1: I see of the bank in her home country, the 23 00:01:17,360 --> 00:01:20,800 Speaker 1: central Bank, there, academic jobs, chief economist at a retail bank. 24 00:01:20,840 --> 00:01:23,240 Speaker 1: She's moving here with her family, which is nice, good 25 00:01:23,240 --> 00:01:26,160 Speaker 1: to see. I don't know how news did on first 26 00:01:26,200 --> 00:01:29,319 Speaker 1: will feel about us importing another migrant for a Kiwi job, 27 00:01:29,319 --> 00:01:32,880 Speaker 1: but there we go, so reality is most of the 28 00:01:32,920 --> 00:01:35,440 Speaker 1: heavy lifting. By the time she gets their feet under 29 00:01:35,440 --> 00:01:39,559 Speaker 1: the desk December first, will hopefully have been done two 30 00:01:39,760 --> 00:01:43,560 Speaker 1: more reviews under hawksby October November. Then he's gone, not 31 00:01:43,600 --> 00:01:45,680 Speaker 1: just from the top job, but from the bank entirely. 32 00:01:45,840 --> 00:01:47,760 Speaker 1: And then they shut up shop, of course for Christmas 33 00:01:47,760 --> 00:01:51,440 Speaker 1: till February. Let's hope as she enjoys what I'm sure 34 00:01:51,480 --> 00:01:54,560 Speaker 1: will be a welcome sunny Kiwi summer, she brings a 35 00:01:54,560 --> 00:01:59,000 Speaker 1: bit of that sunshine, after all, the best disinfectant to 36 00:01:59,200 --> 00:02:03,600 Speaker 1: number two the Terrace, Wellington. For more from Hither Duplessy 37 00:02:03,600 --> 00:02:06,440 Speaker 1: Allen Drive, listen live to news talks it'd be from 38 00:02:06,520 --> 00:02:10,120 Speaker 1: four pm weekdays, or follow the podcast on iHeartRadio.