Wednesday, 16 October 2019

Tag Archives: Reserve Bank of New Zealand

RBNZ 50 bp cut reduced chance of unconventional policy tools

WELLINGTON: The Reserve Bank of New Zealand’s (RBNZ) assistant governor Christian Hawkesby said in a speech released on Wednesday that the bank’s recent rate cut would likely avoid the use of unconventional monetary policy tools. “A more decisive action now gave inflation the best chance to lift earlier, reducing the ...

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