Please find below a chart for the cash rate, Reserve Bank of New Zealand (RBNZ) main interest rate. The chart begins in 1999.
The RBNZ conducts its monetary policy by raising or lowering the cash rate (reference for overnight refinancing operation with banks).
The RBNZ has for mandate to maintain the price stability. Inflation should stay in a range from 1% to 3 % year-on-year over the medium term (index: Consumer Price Index, quarterly updated). The Reserve Bank of New Zealand has a inflation targeting policy.
The RBNZ conducts its monetary policy by raising or lowering the cash rate (reference for overnight refinancing operation with banks).
The RBNZ has for mandate to maintain the price stability. Inflation should stay in a range from 1% to 3 % year-on-year over the medium term (index: Consumer Price Index, quarterly updated). The Reserve Bank of New Zealand has a inflation targeting policy.
Reserve Bank of New Zealand interest rate
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