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Monetary Policy Committee
Our Monetary Policy Committee is responsible for making monetary policy in New Zealand to maintain price stability and support maximum sustainable employment.
The Monetary Policy Committee is bound by a remit, charter and code of conduct. The remit provides the Monetary Policy Committee with its operational objectives, and the charter provides directions on decision-making procedures, transparency and accountability. The code of conduct sets out minimum standards of ethical and professional conduct to which members must adhere.
Together, these three documents form the Monetary Policy Framework.
Adam Richardson is Manager of Central Banking Analytics at the Reserve Bank. Mr Richardson has been appointed as an internal member of the Monetary Policy Committee for a six month term from 11 March 2022.