Fresh remarks from the Reserve Bank of New Zealand’s Breman highlight a continued emphasis on data dependency and policy flexibility as the economy evolves.
• Important to look at all incoming data ahead of the next monetary policy meeting.
• Will maintain a laser focus on the core mandate.
• There is no preset course for monetary policy.
• Keeping a close watch on key indicators, including inflation and GDP.
• The RBNZ has achieved substantial progress toward delivering its mandated functions.
Summary Interpretation:
The comments reinforce a clear message: the RBNZ is committed to a fully data-dependent, flexible policy stance. With no predetermined path for interest rates, policymakers remain focused on monitoring inflation, GDP trends, and other economic signals before making further decisions
