WELLINGTON, June 7 (Reuters) - The Reserve Bank of New Zealand on Wednesday said it had renewed its policy target agreement with the finance minister for the six-month period after Governor Graeme Wheeler steps down in September.
The agreement, unchanged from the last one, signed in 2012, left the central bank's target for consumer price inflation between 1 and 3 percent on average over the medium term.
The agreement will apply from Sept. 27 when Deputy Governor Grant Spencer becomes the acting governor until March 26, as the bank searches for a new permanent chief.
