Central Banks

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

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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

This article was written by Eamonn Sheridan at www.forexlive.com. Source