New Zealand’s freshly formed coalition government is to press ahead with a campaign pledge to review the country’s central bank act.
Incoming prime minister and Labour leader Jacinda Ardern confirmed the plans today (October 24) while setting out a coalition agreement with the New Zealand First party, and a confidence and supply agreement with the Greens.
The review of the Reserve Bank of New Zealand’s mandate was a manifesto pledge by the Labour party, which cited the need for “modernisation
- Central banks face loss of independence – Central Banking survey
- Summers and Stansbury warn of ‘black hole’ as central bankers debate solutions
- Germany issues first ever zero coupon 30-year bond
- Overcoming deflation: Japan’s experience and challenges ahead
- Mark Carney on joined-up policy-making, forward guidance and Brexit