A cash rate system for implementing monetary policy

David Archer, Andy Brookes and Michael Reddell
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Michael Reddell: Reserve Bank of New Zealand

Reserve Bank of New Zealand Bulletin, 1999, vol. 62, No 1

Abstract: This article explains in greater depth a number of considerations relevant to the decision announced on 8 February to adopt an Official Cash Rate as the Bank's primary instrument for implementing monetary policy.

Date: 1999
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