RBNZ Policymaker’s Closed-Door Talk Raises Transparency Concerns

An external member of the Reserve Bank of New Zealand’s Monetary Policy Committee will give a rare presentation today, but it will be behind closed doors.

Prasanna Gai will speak at the Auckland Business Chamber on the topic of “Monetary Policy and Trade Uncertainty.” It is an “exclusive lunch gathering” where Gai will “share his expert insights on interest rates,” according to the Chamber’s website.