Inflation response

Adam Irish made this Official Information request to Reserve Bank of New Zealand

The request was partially successful.

From: Adam Irish

Dear Reserve Bank of New Zealand,

Under the Official Information Act I request the following information:

What advice has the RBNZ provided inturnally that forecasts the impact that increasing the OCR will have on house prices.

What advice has the RBNZ provided decision makers on inflation being driven by genuine offshore supply disruptions and shortages as opposed to excessive domestic demand and current monetary policy settings.

Lastly has the bank looked at other leavers as opposed to just the OCR to combat inflationary pressures.

Yours faithfully,

Adam Irish

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From: RBNZ Info
Reserve Bank of New Zealand


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Dear Adam

 

Thank you for your official information request of 22 February 2022 for
the following:

 

“What advice has the RBNZ provided inturnally that forecasts the impact
that increasing the OCR will have on house prices.

What advice has the RBNZ provided decision makers on inflation being
driven by genuine offshore supply disruptions and shortages as opposed to
excessive domestic demand and current monetary policy settings.

Lastly has the bank looked at other leavers as opposed to just the OCR to
combat inflationary pressures.”

 

We will endeavour to respond to your request as soon as possible and in
any event no later than 22 March 2022, being 20 working days after the day
of your request. If we are unable to respond to your request by then, we
will notify you of an extension of that timeframe.

 

Charges for providing official information and publishing responses

The Official Information Act allows charges to be imposed for the
preparation of information that we send in response to requests. The
Reserve Bank is resourced to meet disclosure obligations for a reasonable
level of requests. Where the request is for information that requires
substantial collation, research and preparation work, and is chargeable,
we will work with you first to refine the request to a smaller scale or
scope that is less likely to involve charges.

 

Responses to official information requests are published on the Reserve
Bank’s website. We will confirm in our decision letter to you whether we
intend to publish our response to your request.

 

Further information about charges and publishing responses is available on
our website at
[1]www.rbnz.govt.nz/research-and-publications/official-information-requests.

 

 

Yours sincerely

 

 

Jessica Singleton

Communications and Engagement Administrator

Reserve Bank of New Zealand – Te [4]Text Description automatically
Pūtea Matua generated

2 The Terrace, Wellington 6011. PO [5]cid:image002.png@01D7C694.6E33B1A0   
Box 2498, Wellington 6140

E
[2][email address]  
W [3]rbnz.govt.nz

 

 

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Link to this

From: Ministerial correspondence Mailbox
Reserve Bank of New Zealand


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Attachment OIA2122 096 Response.pdf
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Dear Adam,

 

Thank you for your information request of 22 February 2022.

 

Please find attached our response.

 

Yours sincerely,

 

 

 

 

 

 

Ross Francis

Ministerial and OIA Adviser

Government and Industry Relations

Reserve Bank of New Zealand – Te [3]Text Description automatically
Pūtea Matua generated

2 The Terrace, Wellington 6011. [4]cid:image010.png@01D7593A.4FF7BCD0   
PO Box 2498, Wellington 6140

T +64 (04) 474 8652 E
[1][email address]  

W [2]rbnz.govt.nz

 

 

 

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References

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1. mailto:[email address]
2. https://www.rbnz.govt.nz/

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