RBNZ website publishing a speech by assistant governor 5 Oct
- making mon pol faces challenges
- RBNZ mitigates uncertainty by using scheduled rate decisions
- market knows policy will be adjusted in multiples of 25bp
- try to manage uncertainty through public communication
- can be difficult to convey competing concerns
Remarks delivered to the Macroeconomic Policy Meetings in Melbourne in a speech entitled
"Policy uncertainty from a central bank perspective"
Another CB waving a wet finger in the air.
Full speech here
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