New governor signs revised policy target agreement in New Zealand

rbnz1

The Reserve Bank of New Zealand revealed on September 20 that finance minister Bill English and incoming central bank governor Graeme Wheeler had signed a new policy targets agreement, which sets out specific targets for maintaining price stability in the country.

The new agreement will take effect on September 26, the day Wheeler begins his five-year term as chief of the central bank.

Following the signing the central bank will continue to be required to keep CPI inflation between 1% and 3% on

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@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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 Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net 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 here