Academic journal article The Reserve Bank of New Zealand Bulletin

Reserve Bank Bulletin Released

Academic journal article The Reserve Bank of New Zealand Bulletin

Reserve Bank Bulletin Released

Article excerpt

13 December 2006

The Reserve Bank today released the December 2006 issue of the Reserve Bank of New Zealand Bulletin.

The first article of this issue considers the role of core inflation statistics and outlines a range of possible calculation methods. The article sets out some characteristics that a core inflation measure might ideally possess and then goes on to assess seven core inflation measures used at the Reserve Bank in light of these criteria. Whilst there are trade-offs involved, the article identifies three measures that appear to meet these criteria better than the others. The Bank intends to report regularly on these three measures in its future Monetary Policy Statements as well as publishing them on its website.

Under the Reserve Bank's local incorporation policy, systemically important banks are now required to incorporate locally to provide a degree of assurance that the Reserve Bank would have the ability to manage a failure affecting one of these banks. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.