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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Analysis
3 mins to read

Negative rates: An RBNZ option but not its preference

Margin Call: Hamish Pepper discusses monetary options for quantitative easing.

Hamish Pepper Wed, 20 May 2020

A negative interest rate is a strange concept. Instead of being paid to deposit money, you are charged. But this is exactly what markets believe New Zealand banks will be faced with, from early next year, on their settlement account balances at the Reserve Bank of New Zealand (RBNZ). Our central

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Hamish Pepper Wed, 20 May 2020
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Negative rates: An RBNZ option but not its preference
Analysis,Investment,
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