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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