Monitor RBNZ Assist Gov McDermott's speech for hints on future economic policies and rate decisions.
He advises the Governor, who determines the country's key interest rates, on economic matters. His public appearances often provide hints about potential shifts in policy.
What it Measures
N/A
Usual Effect
A more hawkish stance than anticipated benefits the currency.
Source & Frequency
Reserve Bank of New Zealand (latest release) - https://www.rbnz.govt.nz/
How Data is Derived
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Also Known As
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Acronym
Reserve Bank of New Zealand (RBNZ)