About monetary policy
The Remit, Charter and Code of Conduct are key components of New Zealand’s monetary policy framework. The Remit provides the Monetary Policy Committee (MPC) with its operational objectives, consistent with the economic objectives in Section 8 of the Reserve Bank of New Zealand Act (1989).
The MPC will also be bound by the MPC Charter. The Charter provides directions on decision making procedures, transparency and accountability.

Our At a Glance series explains what you need to know about monetary policy. It also goes into detail on the RBNZ economic model and how our economy works, how the RBNZ forecasts projections, explains what the Monetary Policy Statement is and also how the RBNZ makes monetary policy decisions.