Game of loans
Economy Matters: How credit growth can provide an early warning of financial cycle trouble.
John McDermott
Tue, 30 Mar 2021
The biggest challenge faced by those running fiscal and monetary policy in New Zealand is that they must steer domestic conditions when the main factors that drive our financial cycle are global in nature. Interest rates, stock prices, and house prices change when global capital moves across our
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John McDermott
Tue, 30 Mar 2021
Contact the Writer: john.mcdermott@motu.org.nz
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Game of loans
Analysis,Columns,
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