RBNZ Assistant Governor and General Manager of Economics, Financial Markets and Banking Christian Hawkesby
Comments reported on the RBNZ website:
- "We are now faced with stubbornly low inflation and low interest rates, driven by structural and cyclical factors. If monetary policy is to be successful for a further 30 years, we need to confront these challenges.
- This is what this conference is about - understanding the big questions about inflation targeting and considering how we need to adapt to continue being as successful as possible."
Hawkesby's remarks in an introduction piece to a Reserve Bank & International Monetary Fund hosted conference in NZ next week.
