Home RBNZ Orr: Has not, and still does not, need to use alternative monetary policy instruments
FXStreet News

RBNZ Orr: Has not, and still does not, need to use alternative monetary policy instruments

Reserve Bank of New Zealand governor Adrian Orr says has not, and still does not, need to use alternative monetary policy instruments. The speech does not discuss current economic conditions, outlook for the official cash rate.

Key notes

  • Says but it is best to be prepared.
  • Fortunate, unlike many other OECD economies, to have time to prepare for alternative steps.
  • Goal of steps would be to ensure a strong and sustained increase in economic activity.
  • To release a series of technical papers explaining the tools in more detail.

More to come

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.