Reserve Bank of New Zealand's monetary policy committee remit and charter renewed

New Zealand Finance Minister Grant Robertson:

  • RBNZ monetary policy committee remit and charter renewed
  • Only minor changes to the monetary policy framework
  • MPC now required to achieve and maintain inflation between 1% and 3% rather than keep
  • MPC should communicate key considerations of its decisions with regard to financial risks
RBNZ Governor Orr

RBNZ Governor Orr

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