RBNZ's Wheeler comments now on NZD intervention

Reserve Bank of New Zealand Governor Wheeler now trotting out intervention comments in his news conference

• Says monitors traffic light system for currency intervention closely, wont comment on whether currency strength is affecting the system

And, more from the big Wheel:

• One of the risks around global outlook is that markets assume central banks will remain accommodative for a long period
• Struggled to get headline inflation higher mainly due to 4 years of negative tradables inflation

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I have posted before on the Reserve Bank of New Zealand 'traffic light' system for intervening in the currency.

ICYMI:

• How to time a currency intervention - inside information direct from a central bank

And, plenty more on this:

• RBNZ 'traffic light' guide to when they will intervene in the NZD

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Earlier today on the RBNZ:

• RBNZ Wheeler: Structural factors are weighing in inflation globally
• RBNZ decision and statement - analyst responses coming in
• RBNZ leave cash rate unchanged (as expected)