Reserve Bank of New Zealand officials not opposed to greater transparency, just cautious

Reserve Bank of New Zealand officials not opposed to greater transparency, just cautious
Assistant Governor Karen Silk. (Image: Supplied)
Rebecca Howard
Central bank officials have mixed reactions to Finance Minister Nicola Willis’ call for more transparency about monetary policy decisions.Willis told Bloomberg she is open to revising the Reserve Bank of New Zealand (RBNZ) Monetary Policy Committee charter and will raise the issue with incoming RBNZ Governor Anna Breman.RBNZ officials are not opposed, but they are cautious.“We are open to considering and continuing to modify things as we go along,” assistant governor Karen Silk told BusinessDesk.Westpac Bank said the “dr...

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