Monetary Policy Statement

The Reserve Bank publishes its Monetary Policy Statement (MPS) quarterly. Each Monetary Policy Statement must set out:

  • how the Reserve Bank proposes to achieve its targets;
  • how it proposes to formulate and implement monetary policy during the next five years; and
  • how monetary policy has been implemented since the last Monetary Policy Statement.
A guide to how the Bank releases information
Thumbnail - How the Bank releases information
A guide to how the Reserve Bank of New Zealand releases information including Monetary Policy Statements, Financial Stability Reports and associated media conferences, Official Cash Rate announcements, news releases, speeches, Official Information Act request responses, articles and research and statistics.
Chronology of Monetary Policy Statements
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