The Reserve Bank of New Zealand is managing monetary policy, noting that geopolitical conflict in the Middle East is driving inflation above target range.

The entities involved

• Reserve Bank of New Zealand →

  central bank of New Zealand

  • Anna Breman serves as the Reserve Bank of New Zealand Governor and committee member, while the bank targets inflation.Sat 22:49
  • Personnel updates at the Reserve Bank of New Zealand detail roles for key economists and specific inflation risk judgments.Fri 03:29
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
  • Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54

Related events

• The Reserve Bank of Australia is managing monetary policy while assessing how geopolitical risks in the Middle East, including conflict status and oil flow, affect the outlook for inflation and the potential benefits of a peace deal.Jun 16
• The Reserve Bank of New Zealand manages its monetary policy through the use of repo markets.Sep 9
• Central banks, including the ECB and Norges Bank, are tightening monetary policy in response to inflation driven by the Middle East war.Thu 09:52
• Westpac is providing key inflation trend data to the RBA, influenced by the widening impact of the Iran conflict on the broader Australian economy.Jun 7
• The central bank of Japan is currently managing monetary policy for the nation.Jun 16