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RBNZ Hawkesby: Economy will require continued support

Reserve Bank of New Zealand Christian Hawkesbey is the Assistant Governor and General Manager of Economics, Financial Markets and Banking and he says some economic data are surprising on the upside.

However, he says that there is still a lot of uncertainty about the economy.

He added that the economy is still on life support to some extent and says the economy will require continued policy support.

He said that there are no concerns that negative rates are problematic for banks. 

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