Embargoed lock-ups scrapped after RBNZ confirms leak

Report says a journalist leaked the March 10 cut to colleagues

reserve-bank-of-new-zealand
RBNZ: lock-down on lock-ups

Reporters and analysts will no longer have advance access to the Reserve Bank of New Zealand's rate decisions or major publications, after the central bank confirmed its surprise cut on March 10 was leaked by a journalist.

Roughly an hour before the rate decision was due to be announced, a blogger and former senior official at the central bank, Michael Reddell, received a note from a contact telling him there would be a cut.

Reddell notified the RBNZ, which then hired Deloitte to investigate the

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

.