The Reserve Bank of New Zealand is increasing transparency by making its Monetary Policy Committee members' voting decisions and views publicly available, effective from the May policy statement.
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It is 23 minutes to 7. So the Reserve Bank's chief economist says higher mortgage rates have helped keep the official cash rate on hold. Paul Conway is on the committee. And he was one of the three committee members who voted not to lift the rate, saying that the market was doing some of the work for the central bank. So the New Zealand Herald's Wellington Business Editor Janay Tebrashini has been looking into this to see if he's right and joins us now. Janay, hello. G'day, Andrew. But a breathing space for the Reserve Bank reckons Paul Conway.
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enhanced accountability through committee voting
Jenee Tibshraeny: NZ Herald Wellington business editor on why the Reserve Bank left the OCR on holdSpotted something wrong on this page? Report a correction.
