Examples of The Reserve Bank in a sentence
The Reserve Bank also considers inflation expectations, wage agreements, and real economic activity.
The Reserve Bank need only set a single target and can leave the private sector free to allocate capital and credit.
The Reserve Bank originally emphasised full funding of the fiscal deficit, implemented through government stock tenders, as the main means of medium-term monetary control.
The Reserve Bank implements monetary policy through targeting fixed levels of settlement cash and Reserve Bank Bills, and through altering the margin between the discount rate and market rates (called the discount margin).
The Reserve Bank Act of 1989 gives the Reserve Bank of New Zealand the power to enforce these standards (and others) upon private registered banks.
The Reserve Bank of New Zealand is responsible for prudential supervision of the banking system and serves as a lender of last resort.
The Reserve Bank accepts Reserve Bank Bills on demand at discount or penalty rates based upon a fixed discount margin (currently 0.9 percent above market rates).
The Reserve Bank Act calls for the Bank to issue a statement of goals and performance every six months; these statements are subject to the scrutiny of the Minister of Finance, the Cabinet, and Parliament and are publicly disclosed.
The Reserve Bank should continue this precedent in the area of prudential supervision.
The Reserve Bank is likely to develop implicit bands for exchange rates and interest rates.