INDEPENDENT NEWS

Nats Endorse Findings Of Monetary Policy Review

Published: Wed 30 May 2001 02:05 PM
National Endorses Key Findings Of Monetary Policy Review
National's Finance spokesman Bill English has today endorsed the Government's response to the key recommendations of the Independent Review of the Operation of Monetary Policy conducted by Professor Lars Svensson.
"National was consulted extensively about this review and we fully endorse the view that the Governor of the Reserve Bank should remain as the sole decision maker, and that the inflation target should remain unchanged," Mr English said today.
"We are awaiting further details on how the Reserve Bank might best incorporate external advice, and look forward to playing an active role in any discussion of this issue," Mr English said.
Ends

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