New Zealand central bank publishes statement of intent

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The Reserve Bank of New Zealand today (June 27) published its statement of intent for 2012–15 in which it stressed that maintaining price stability remained the central bank's highest priority, but said there are a number of other important policy areas.

The statement of intent, which is published annually and covers the current financial year and at least two subsequent financial years, emphasised: "The Bank will keep price stability as its primary goal." The central bank noted, however, that

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