Stagflation policy conundrumBY BENJAMIN ONG | FRIDAY, 12 SEP 2008 9:10AMDesperate times need desperate measures. The Reserve Bank of New Zealand (RBNZ) announced a surprise 50 basis point reduction in its benchmark interest rate as the domestic economy looks increasingly headed for a recession. |
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
