The Reserve Bank of New Zealand says the economic outlook remains highly uncertain, with the balance of health and economic risks tilted to the downside.
Key notes
Says to undertake a review of the monetary policy committee remit in 2024 to consider lessons learnt, including the effectiveness of tools in response to covid-19.
Says monitoring asset prices as part of on-going assessment of financial system and financial market developments.
There were no reactions to the headlines in the markets. The kiwi is bid on the session and is up 0.11%.
NZD/USD consolidates just below 0.7100 as kiwi traders awaits further fundamental catalysts
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