WELLINGTON, Dec 2 (Reuters) – New Zealand’s new central bank governor said on Tuesday the bank’s top priority would remain keeping inflation low and stable while supporting economic growth, as she pledged greater transparency around the bank’s monetary policy decisions.
Anna Breman, who took the helm of the Reserve Bank of New Zealand on Monday, told a parliamentary committee that maintaining price stability was critical to protect low-income families.
“The core mandate is to keep inflation low and stable, taking (into) consideration, the overall performance of the economy,” Breman said. “We have to remember that high inflation hurts everyone but it particularly hurts households with low incomes.”
(Reporting by Lucy Craymer in Wellington and Renju Jose in Sydney;)
