Treasury Secretary to sit in on RBNZ monetary policy reviews

Treasury Secretary to sit in on RBNZ monetary policy reviews
Paul McBeth
By Paul McBeth Oct. 16 (BusinessDesk) - Treasury secretary Gabriel Makhlouf will sit in on the Reserve Bank's monetary policy reviews from this month, pre-empting a legislative change.  The central bank extended the invitation in July for a Treasury observer, and Makhlouf formally accepted on Oct. 3. His acceptance included a confidentiality protocol on how a Treasury official would go about sharing information not officially communicated and deemed to be inside information. The interim Treasury observer arrangements effectively introd...