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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

RBNZ could crank up QE to $50b, says ASB

Assistant governor describes ‘extraordinary times’ as central bank calls on commercial banks to step up.

Tim Hunter Tue, 14 Apr 2020

ASB Bank is expecting the Reserve Bank’s already huge $33 billion quantitative easing programme to increase to $40b-$50b after its Monetary policy committee meeting next month.

In an economic note emailed this afternoon, senior economist Mike Jones said the RBNZ’s large-scale asset purchase

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Tim Hunter Tue, 14 Apr 2020
Contact the Writer: thunter@nbr.co.nz
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RBNZ could crank up QE to $50b, says ASB
General Business,
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