Alan Bollard

Bollard defends monetary policy framework

Alan Bollard, the governor of the Reserve Bank of New Zealand said yesterday that if the central bank were to aim for exchange rate stability the price to be paid would be big swings in interest rates.

Calls for New Zealand to drop inflation target

The New Zealand stock exchange operator, New Zealand Exchange (NZX), has called for on the country's central bank to abandon its strict inflation target. Michael Cullen, the finance minister, called the suggestion "very interesting and very well…

Brash enters Kiwi fracas

Don Brash, the former governor of the Reserve Bank of New Zealand, has entered the ongoing debate about the relations between the central bank and the ministry of finance.

New foreign exchange strategy in New Zealand

Allan Bollard, the governor of the Reserve Bank of New Zealand, announced on 13 July that the central bank will move away from its current practice of matching its foreign assets to its foreign liabilities.

RBNZ intervenes in currency market again - traders

Foreign currency traders say that the Reserve Bank of New Zealand again intervened in the market on 18 June. This follows a statement by the central bank last week acknowledging that it had done so for the first time since it set up a fund for…

CB independence under threat in New Zealand

According to this note by a New Zealand-based economic research company, Allan Bollard, the governor of the Reserve Bank of Zealand, has adopted an experimental "go for growth" monetary policy strategy. A move away from this approach could make the…

Yogesh Anand leaving the RBNZ for the BIS

Reserve Bank of New Zealand Chief Information Officer Yogesh Anand is leaving the Bank to take up the role of Head of Information Technology Services for the Bank for International Settlements (BIS) in Basel, Switzerland, the RBNZ said Thursday 19 April.

RBNZ appoints deputy governor

Grant Spencer has been appointed deputy governor of the Reserve Bank of New Zealand, RBNZ governor Alan Bollard announced Friday 16 February.

Bollard on financial services for New Zealand

In the speech 'Delivering sound and innovative financial services for New Zealand' given on 26 January Alan Bollard of the Reserve Bank of New Zealand said a lack of depth and breadth in New Zealand's capital markets is limiting economic growth and…

RBNZ's Bollard signals rates may rise

The Reserve bank of New Zealand said Thursday 25 January it will probably raise the benchmark interest rate from a record-high 7.25 percent because a surge in consumer spending and house prices may fuel inflation.

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