What does this research make you more aware of that was not obvious from previous knowledge?

New Zealand, in 1989, adopted an inflation target policy to help create a more stable economy. In addition, policymakers wanted to add jobs to the economy, change the monetary policy, and create a formal decision-making process (Inflation Targeting, n.d.). The overall target was for a 0-2% change in price in a single year and is visually demonstrated on the graph (Inflation Targeting, n.d.). Prior to 1990, the average growth was 11.81 while 1990 to present-day has an average of 2.04. This appears to align with New Zealands target goal.

FRED Consumer Price Index: OECD Groups: All Items Non-Food and Non-Energy for New Zealand 20 15 W Growth Rate Same Period Previous Year -5 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 Source: Organization for Economic Co-operation and Development fred.stlouisfed.org FRED Consumer Price Index: OECD Groups: All Items Non-Food and Non-Energy for New Zealand 20 15 W Growth Rate Same Period Previous Year -5 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 Source: Organization for Economic Co-operation and Development fred.stlouisfed.org