TMM - News
No need to fear RBNZ’s new PTA

Monday 26th of March 2018
Finance Minister Grant Robertson and incoming Reserve Bank Governor Adrian Orr today signed a new Policy Targets Agreement (PTA), which adds employment outcomes to the Reserve Bank’s price stability targets.
Under the new PTA, the Reserve Bank still has to keep future annual CPI inflation between 1 and 3 percent over the medium-term, with a focus on keeping it round the 2 percent mid-poi...
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