Reserve Band of NZ Speech Advisory – reminder: The importance of quality research and data

26 January 2024 – Chief Economist Paul Conway will deliver a keynote speech at 9am, Tuesday, 30 January 2024 via webinar, to be hosted on the RBNZ website https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=0a23a94501&e=f3c68946f8
 
About the speech
The speech will focus on how significant changes to the global economy since the COVID-19 pandemic have created new uncertainties and challenges for monetary policy. High quality research and data will be needed to understand these changes.
 
Investing in data that is more frequent and more accurate is critical for informing policy decisions that have implications for future economic wellbeing and prosperity. High-quality data is also necessary for effective research. Our research agenda at the Reserve Bank is based on findings from our recent five-year Review of the Formulation and Implementation of Monetary Policy and the need to deliver on our monetary policy Remit objective of low and stable inflation.
 
In this speech, Mr Conway will also make brief comments on domestic data developments since the November Monetary Policy Statement.