Moreover, the very technologies that have helped us reap enormous efficiencies have also presented us with new challenges by increasing our interconnectedness. 6  BIS Review 73/2002  I venture that future invitees to the Economic Club of New York dinners will not lack interesting problems to address. BIS Review 73/2002  7
New Zealand’s Monetary Policy Framework i)  Flexible inflation targeting remains highly relevant  Flexible inflation targeting was introduced by the RBNZ in 1990 and has been adopted by most central banks in the advanced economies and several emerging market economies.