Reserve Bank says Auckland lockdown confirmed monetary policy stance
Geoff Bascand says bank’s monetary and fiscal stability tools cannot be at odds with one another.
Brent Edwards
Tue, 02 Mar 2021
Hot Topic
Hawke’s Bay
The Reserve Bank is feeling a slight sense of vindication after Auckland went into Alert level 3 lockdown over the weekend.
Last week some economists had suggested the bank might want to signal – if not a loosening of monetary policy – at least an end to its current cycle of tightening.
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Brent Edwards
Tue, 02 Mar 2021
Contact the Writer: brent@nbr.co.nz
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Reserve Bank says Auckland lockdown confirmed monetary policy stance
Politics,
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