Thursday, January 22, 2026
Economy & Markets
3 min read

Finance Minister Willis on RBNZ Governor's Powell Discussion

Bloomberg.com
January 19, 20263 days ago
RBNZ Chief Should Have Discussed Support for Powell, Willis Says

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New Zealand Finance Minister Nicola Willis stated that Reserve Bank Governor Anna Breman should have consulted her before issuing a statement supporting Federal Reserve Chair Jerome Powell. Willis believes Breman should have sought advice from various government departments, including Treasury and the Ministry of Foreign Affairs, on matters of foreign affairs.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world New Zealand Finance Minister Nicola Willis said she would have preferred Reserve Bank Governor Anna Breman spoke with her before signing a statement in support of Federal Reserve Chair Jerome Powell . “She should have let me know that that statement was her intention and she should have taken advice from across government” including the Treasury Department and the Ministry of Foreign Affairs, Willis told reporters Monday in Auckland. “It’s appropriate that on issues of foreign affairs, she get advice from the officials who are experts in that area.”

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