Monetary Policy Handbook

Release date
Version 1, 1 April 2019
Main file
Monetary Policy Handbook (PDF 1.21 MB)

The Monetary Policy Handbook supports the transition to the new monetary policy framework that took effect on 1 April 2019. The Handbook explains the new framework and sets out key assumptions about how the economy operates, the contribution of monetary policy to New Zealand’s economy, and how to design processes to optimise the benefits provided by a legislated Monetary Policy Committee. It is intended as a living document and will evolve over time with input from the Monetary Policy Committee.