Mortgage News

Forecasts not commitment - RBNZ

Thursday 4th of February 2016

The RBNZ’s campaign to explain its monetary policy actions continued in a speech by Assistant Governor John McDermott today.

Speaking at the Goldman Sachs Annual Global Macro Conference in Sydney, McDermott said that the RBNZ is very open about its monetary policy outlook as it believes transparency makes for better policy.

It publishes a forward projection for the 90-day interest...

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