Sharp rise in unemployment ‘won’t be comfortable’: Hawkesby
RBNZ deputy governor talks through rising unemployment, stress testing, and inflation after the central bank released its latest six-monthly financial stability report.
The Reserve Bank has reiterated that the financial system is in good enough shape to cope with a sharp rise in unemployment.
At a news conference after the release of its six-monthly financial stability report, the bank’s Deputy Governor Christian Hawkesby said the bank had stress tested
