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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Politics
5 mins to read

RBNZ ready to buy government bonds if needed

Governor Adrian Orr says monetary and fiscal policy are working together.

Brent Edwards Mon, 16 Mar 2020

The Reserve Bank is still updating its economic forecasts after announcing today it was cutting the official cash rate to 0.25% from 1%.

Bank governor Adrian Orr told reporters today’s cut was based on an assessment that the economic impact of the Covid-19 outbreak was likely to be

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Brent Edwards Mon, 16 Mar 2020
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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RBNZ ready to buy government bonds if needed
Politics,
82913
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