The headline comments from Reserve Bank of New Zealand on onetary policy are here:
The RBNZ website has more on his comments, which were delivered as part of a panel discussion yesterday at the Bank for International Settlements forum in Manila,
- "decisive action now gave inflation the best chance to lift earlier, reducing the probability that unconventional tools would be needed in the response to any future adverse shock."
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Christian Hawkesby is the RBNZ Assistant Governor and General Manager of Economics, Financial Markets, and Banking