RBNZ says work on unconventional policy is at a very early stage

Reserve Bank of New Zealand

• looking at refreshing unconventional policy startaegy
• unconventional policy work 'at very earlt stage'

This is interesting. Bloomberg with the headlines. The RBNZ says it was responding to an official information request. But, of course, some will read this as the RBNZ floating the idea of QE. And hence the kiwi $ taken lower