National's platform includes returning the RBNZ's goal to keep inflation between 1% to 3% and jettisoning recent additions of an employment mandate.
The Reserve Bank of New Zealand building in Wellington, New Zealand, on Wednesday, Feb. 22, 2023.New Zealand's central bank could have its policy goals narrowed significantly and be subject to an external review if the center-right National Party opposition wins election this year, as political scrutiny of the bank intensifies.
National's platform includes returning the Reserve Bank of New Zealand's, or RBNZ, goal to a single target of keeping inflation between 1% and 3% and jettisoning recent additions of an employment mandate.
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