Some breathless 'sky is falling' headlines getting screeched … some people need to take a chill pill
Before you read any of them, read this:
- RBNZ McDermott: Currently no prospect of unconventional monetary policies
OK, now these also, McDermott in an interview:
- RBNZ would consider buying foreign government bonds in a crisis
- Its prudent to plan for another crisis
- RBNZ prepared to use QE in a crisis