Wheeler appearing before a committee in parliament

Live webcast of this, here

Comments:

  • Says economy has considerable momentum
  • If inflation pressures increase could derail economy
  • So trying to keep inflation under control, 2% target in mind
  • Want to get NZ interest rates to a more normal level so economy can grow at potential

More:

  • Says he is confident the Australian economy will pick up (commenting on the Australian economy)