Reserve Bank keeps options open for future intervention
The bank's chief economist says it wasn't difficult policy-wise to decide on RBNZ's Covid-19 response.
Brent Edwards
Tue, 19 May 2020
The Reserve Bank expects retail banks to cut interest rates further but understands why they are cautious.
Last week, in its May Monetary policy statement, the RBNZ almost doubled its government bond-buying programme from $33 billion to $60b.
The central bank's chief economist Yuong Ha said
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Brent Edwards
Tue, 19 May 2020
Contact the Writer: brent@nbr.co.nz
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Reserve Bank keeps options open for future intervention
Politics,
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