RBNZ's Hawkesby says RBNZ has a genuine neutral bias on interest rates

Author: Eamonn Sheridan | Category: Central Banks

Reserve Bank of New Zealand Assistant Governor Christian Hawkesby in an interview

  • sees household consumption gains boosting growth in 2h
  • expect labour market to soften, low rates will support
  • RBNZhas 'genuine neutral bias' on interest rates
  • comfortable using full 1-3% inflation range
  • inflation above 2% 'would be healthy'
  •  rates on hold at record low for a long time
Headlines via Bloomberg

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