RBNZ Gov Orr says commitment to prolonged stimulus remains

Author: Eamonn Sheridan | Category: Central Banks

Reserve Bank of New Zealand says again the Bank will not be reducing monetary policy stimulus for a long time to come.

He doesn't give a specific time frame

Morr:
  • Monetary policy remit targets unchanged
  • MPC will explain impact of decisions on housing market
  • Remain committed to current stimulatory monetary settings

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