English scotches speculation Reserve Bank letter shows concern over performance

Fri, 22 Apr 2016

By Tina Morrison April 22 (BusinessDesk) - New Zealand Finance Minister Bill English scotched speculation that he is concerned about the Reserve Bank's performance after he stepped up his oversight of the central bank. English today released a letter setting out his expectations for the Reserve Bank board, which he penned in November last year for the first time. The letter sets out his specific interests for the board's monitoring role, including the performance of monetary policy with respect to the Policy Targets Agreements, that he wa...

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