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