Mortgage News

OCR might be near 4% without LVR rules

Wednesday 2nd of July 2014

In an article in its latest Reserve Bank Bulletin, Ashley Dunstan has written an article on the interaction between monetary and macro-prudential policy, expanding on an early speech by Reserve Bank deputy governor Grant Spencer.

Dunstan said, of the tools available to the Reserve Bank, the LVR restrictions were the most likely to dampen rapid growth in asset prices.

The other mac...

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