RBNZ faces communication challenges in new policy framework


The Reserve Bank of New Zealand’s new policy framework and communication strategy have divided opinion, with some saying they have created unnecessary uncertainty. Others say the criticisms are overblown. 

Earlier in 2019, the RBNZ adopted a new monetary policy framework as part of the review of the central bank act. This includes a dual mandate that adds maximum sustainable employment to price stability. Additionally, it created a monetary policy committee to foster a more collegial decision

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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 here: