The Reserve Bank of New Zealand’s assistant governor, Hawkesbury, has given the kiwi boost in the Tokyo open in saying that less stimulus is required than thought in August.
- Expects FLP to lower lending rates ‘reasonably quickly’.
- Will respond if FLP doesn’t deliver enough stimulus.
More to come…
Meanwhile, however, with the market’s focus on the coronavirus, it may be concerned for the latest news that
New Zealand says there is a new community case of covid-19 reported in Auckland.
More to come…
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