Articles tagged with Monetary Policy Committee
Independent Review Launched on NZ Monetary Policy Response to Covid-19
1 month ago | 262 viewsThe New Zealand Government has launched an independent review to evaluate the monetary policy response to the Covid-19 pandemic, aiming to identify lessons for future major events. The review will focus on the Reserve Bank's decisions, communication, use of additional tools like the Large Scale Asset Purchase programme, and coordination with fiscal policy, with monetary policy experts Athanasios Orphanides and David Archer appointed to lead it. The findings are expected by August 2026 and will be publicly released in September 2026.
Tags: Nicola Willis Athanasios Orphanides David Archer Reserve Bank of New Zealand Monetary Policy Committee Large Scale Asset Purchase Official Cash Rate New Zealand government Bank for International SettlementsFinance Minister Appoints Hayley Gourley to Reserve Bank's Monetary Policy Committee
6 months ago | 494 viewsFinance Minister Nicola Willis appointed Hayley Gourley to the Reserve Bank’s Monetary Policy Committee (MPC), responsible for setting the Official Cash Rate (OCR) in New Zealand. Gourley's diverse experience in corporate, rural, and financial sectors will enhance the Committee's discussions, following the recommendation of the Reserve Bank's Board. She will succeed Professor Bob Buckle on 1 October 2025, who will retire at the end of September after making significant contributions to the MPC.
Tags: Finance Minister Nicola Willis Hayley Gourley Reserve Bank Monetary Policy Committee Official Cash Rate OCR New Zealand agribusinesses Professor Bob Buckle