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Hawkesby: Maintaining credibility in times of change
Tena koutou katoa Thank you for the opportunity to talk about the Reserve Bank of New Zealand and the changes we are making to maintain our credibility in times of change. I would like to focus on two building blocks of credibility: renewing a social licence to operate by aligning our objectives with the needs of the public; and achieving those objectives through good decision making enabled by a framework of good governance. A common theme is the importance of transparency. The imperative for change: Central banks in the 21st century The first building block of credibility is the renewal of a social licence to ... (full story)
Added at 9:26pm
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Reserve Bank changes help to meet public expectations
The Reserve Bank has significantly changed the way it makes monetary policy decisions, keeping itself in step with public expectations. In a panel discussion last week at the Institute for Monetary and Economic Studies (Bank of Japan) in Tokyo, Reserve Bank Assistant Governor and General Manager of Economics, Financial Markets and Banking Christian Hawkesby talked about the importance of good decision making and governance, and of being credible and trusted, in achieving the long-term goal of improving wellbeing. “We maintain our legitimacy as an institution by serving the public interest and fulfilling our social ... (full story)
Added at 9:28pm
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RBNZ Assistant Governor: Central View Is Interest Rates To Remain Broadly Around Current Levels For The Foreseeable Future – RTRS
— LiveSquawk (@LiveSquawk) June 5, 2019
Added at 9:33pm
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RBNZ Assistant Governor: Bank Needs To Be Ready To Adapt To Changing Conditions To Meet Its Objectives
— LiveSquawk (@LiveSquawk) June 5, 2019
TamRoofer- Story Stats
- Posted: Jun 4, 2019 9:25pm
- Submitted by:Category: High Impact Breaking NewsComments: 1 / Views: 3,921
