MR - Experts Views

Central bank in sweet spot with interest rates

Monday 7th of December 2009

It says NZ's health was never as badly affected by the downturn as to require being admitted to "intensive care" and has relied on "much less, and much less expensive medication" to see it through.

"In this context, Thursday's Monetary Policy Statement (MPS) seems bound to keep signalling the RBNZ has time up its sleeve before any reversal of policy stimulus becomes imperative," it says....

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