RBNZ Governor Orr says low interest rates ensure the NZD remains competitive

Author: Eamonn Sheridan | Category: Central Banks

Reserve Bank of New Zealand Governor Orr press conference following the Bank's Financial Stability Report released earlier. 

Link to the news conference live is here

  • intends to work with the government on long term goals of housing affordability
  • says already taking housing prices into account in monetary policy decisions
  • says no concerns about the independence of the central bank
  • we will consider our macroprudential toolkit
  • debt to income may be an option


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