July 26, 2022 - 12:07 PM 299 views
According to Reuters, Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr stated on Tuesday that the institution is reviewing how it has recently conducted monetary policy.
The assessment will evaluate employment and inflation outcomes in relation to the goals stated in the mandate as well as the decisions made at various points in time based on the facts available at the time.
In addition to the ongoing evaluation of the Monetary Policy Remit, a review of monetary policy performance is being conducted.
NZD/USD reverses the early Asian session run-up in response to the news, moving around to 0.6265-60.
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