
Mortgage News
Loan restrictions could help maintain stability: RBNZ
Thursday 27th of June 2013
Macro-prudential policy is intended to be used as needed, to reduce significant but transitory risks affecting the broad financial system.
“With some slack still in the economy, housing cannot yet be described as a threat to overall inflation. Higher interest rates are not the right policy response at this time,” Deputy Governor Grant Spencer said in a speech today to Business New Zealan...
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