The Reserve Bank has announced that Taupo-nui-a-Tia College is the national winner of the Reserve Bank 2014 Monetary Policy Challenge (MPC). Takapuna Grammar School from Auckland was placed second and Glenfield College from Auckland came third.
Following is the Reserve Bank’s schedule for the release of its quarterly Monetary Policy Statements (MPS), the intervening Official Cash Rate (OCR) reviews, and the six-monthly Financial Stability Reports.
The Reserve Bank is committed to delivering a world-class regulatory framework that is lean, easy to use and as cost-effective as possible, while still supporting the soundness and efficiency of the financial system.
A key component of the Reserve Bank’s approach to monetary policy is determining the potential for the economy to grow without generating inflationary pressures, Reserve Bank Assistant Governor John McDermott said today.
New Zealand’s currency will take another significant evolutionary step next year when modernised banknotes with more advanced security features are introduced, Reserve Bank Deputy Governor Geoff Bascand said in a speech today.