RBNZ Assistant Gov Silk - well placed for wind-down of additional monetary policy tools<p>Reserve Bank of New Zealand Assistant Governor Karen Silk spoke to the KangaNews New Zealand Debt Capital Markets Summit 2022.</p><ul><li>says the Bank is well placed to manage the wind-down of additional monetary policy tools</li><li>stance of monetary policy is primarily determined by the level of the OCR</li><li>OCR level is based on the assessment and forecast of economic conditions</li><li>It is the OCR that matters for inflation targeting</li></ul><p><a href="https://www.rbnz.govt.nz/hub/news/2022/09/its-the-ocr-that-matters-for-inflation-targeting" target="_blank" rel="nofollow">Full text is here.</a></p>
This article was written by Eamonn Sheridan at forexlive.com.
Source: RBNZ Assistant Gov Silk - well placed for wind-down of additional monetary policy tools (https://forexlive.com/centralbank/rbnz-assistant-gov-silk-well-placed-for-wind-down-of-additional-monetary-policy-tools-20220906/https://forexlive.com/centralbank/rbnz-assistant-gov-silk-well-placed-for-wind-down-of-additional-monetary-policy-tools-20220906/)
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