RBNZ plans update to monetary policy and prudential regulation

Changes are among several priorities outlined in 2018–21 statement of intent

reserve-bank-of-new-zealand
The RBNZ

The Reserve Bank of New Zealand set out changes to its monetary policy framework and prudential regulation as some of its priorities in the statement of intent 2018–21 it published on June 26.

New Zealand’s parliament is currently reviewing the Reserve Bank Act. One of the modifications entails adding an employment objective to the RBNZ’s mandate. The overhaul also transfers interest rate moves to a monetary policy committee that will include internal staff, as well as non-RBNZ members.

“We

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.