Reserve Bank of New Zealand (RBNZ)
Central bank should be more accountable - panel
INDONESIA - The independent panel set up to review Bank Indonesia Law recommended amendments to increase the accountability of the central bank's board of governors, a government official said on Apr 9, 2001.
What central banks can and can't do-RBNZ Don Brash
SPEECH - The Reserve Bank of New Zealand's Governor Don Brash is urging people to be realistic about what monetary policy can achieve. Speaking to the Trans-Tasman Business Circle in Sydney, Dr Brash said that "In recent years ... the public have come to…
RBNZ's Brash to help Indonesia on central bank law
NEW ZEALAND/INDONESIA - Reserve Bank of New Zealand governor Donald Brash said on Mar 26, 2001 he was going to Indonesia on Apr 2 to help advise on a new central bank law.
New Zealand cbank against introducing MPC
NEW ZEALAND - The Reserve Bank of New Zealand said in report Mar 26, 2001 that it opposes a recent proposal to change the country's monetary policy decision-making model in favor of a committee of experts instead of the existing framework which vests…
RBNZ monetary policy review recommendations
Responding to an independent inquiry into monetary policy, New Zealand Treasury Department officials said on Mar 21, 2001 they will issue recommendations by month's end to Finance Minister Michael Cullen.
Brash says no rate cut could have sent NZ $ down
New Zealand's Reserve Bank Governor Don Brash said on Mar 14, 2001 that not cutting the official interest rate may have had the paradoxical effect of bringing easier monetary conditions through a lower exchange rate.
NZ govt monetary review suggests adopting MPC
A government review of the Reserve Bank of New Zealand's monetary policy by Swedish academic Professor Lars Svensson recommended the setting up of a formal monetary policy committee and altering the RBNZ's inflation objective to more formally target 1.5…
Launch of review of NZ mon policy-Lars Svensson
Lars Svensson, a professor of economics at the Institute for International Economic Studies,Stockholm University, will publish on Wednesday, February 28, at 4 pm (NZ time, GMT+13 hrs) his independent review of the operation of monetary policy in New…
Brash -Svensson report due 'within next few weeks'
A New Zealand government-appointed independent review into the country's monetary policy making will publish its findings within a few weeks, Reserve Bank Governor Don Brash said on Jan. 26, 2001.The one-man review is being conducted by Lars Svensson,…
RBNZ sees reduced inflation risk
New Zealand debt markets ended strongly on Jan. 24 after the Reserve Bank's comments on the inflation outlook were interpreted as having a dovish tone for rates. The central bank, in leaving its official cash rate unchanged at 6.50 percent, said it saw a…
NZ holds rates, hawkish RBNZ outlook surprises
The Reserve Bank of New Zealand kept its official interest rates on hold as expected on Wednesday, but surprised many in the markets with a hawkish outlook for 2001.
RBNZ Brash cut transparency to save credibility
Reserve Bank of New Zealand governor Don Brash said Wednesday he decided to reduce the amount of information contained in his bank's quarterly monetary policy statements to help safeguard the credibility of the institution, particularly in the eyes of…
RBNZ wants words to talk louder than numbers
New Zealand's Reserve Bank Wednesday announced changes to the format of its quarterly monetary policy statements, underscoring its desire to shift public focus of its monetary policy away from the short to the medium term.