Specifically, the Bank decides the guideline for market operations at Monetary Policy Meetings, which are held eight times a year, taking account of developments in economic activity and prices as well as financial conditions, with a view to achieving price stability.
7  See Kamber, McDonald, Sander and Theodoridis (2015), “A structural model for policy analysis and forecasting: NZSIM”, Reserve Bank of New Zealand Discussion Paper, DP2015/05. 8  These points are expanded on in: Morris and Shin (2002), “Social value of public information”, The American Economic Review, Vol. 92, No.