TMM - News

DTIs not needed right now - RBNZ

Thursday 9th of February 2017

Questioning at the Reserve Bank’s Monetary Policy Statement (MPS) press conference Thursday morning kept returning to the prospect of DTIs being introduced as a curb on the housing market.

Reserve Bank governor Graeme Wheeler said that his preference would be to have DTIs as part of the bank’s macro-prudential arsenal already.

“A lot of countries have used DTIs successfully and th...

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