More from RBNZ governor Wheeler:

  • Says terms of trade at 4o-year high
  • Says economy growing at around 3.5% annual pace
  • says RBNZ wants the recovery to be sustainable
  • Says low rates a major reason for current strong growth

Earlier comments from Wheeler here and here (this was the big one: Says if NZ dollar stays high in face of worsening fundamentals RBNZ could sell currency)

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OK, and that’s it from Wheeler, he has finished the Q&A session after his speech. The NZD is there on the right, help yourself

:-D