RBNZ Assistant Gov Silk - well placed for wind-down of additional monetary policy tools

Reserve Bank of New Zealand Assistant Governor Karen Silk spoke to the KangaNews New Zealand Debt Capital Markets Summit 2022.

• says the Bank is well placed to manage the wind-down of additional monetary policy tools
• stance of monetary policy is primarily determined by the level of the OCR
• OCR level is based on the assessment and forecast of economic conditions
• It is the OCR that matters for inflation targeting

Full text is here.