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NZ Central Bank, unlikely to require non-traditional measures = Governor

2019-09-26T03:52:36.984Z


[Wellington 26th Reuters]-Ora of the New Zealand (NZ) Reserve Bank (Central Bank) said on the 26th that non-traditional monetary policy is unlikely, but preparing for action is important Indicated. President


[Wellington 26th Reuters]-Ora of the New Zealand (NZ) Reserve Bank (Central Bank) said on the 26th that non-traditional monetary policy is unlikely, but preparing for action is important Indicated.

“In our current view, 'non-traditional' monetary policy measures are unlikely to be necessary. But if we don't prepare, we will neglect our responsibilities.” The central bank announced the contents of the lecture.

He pointed out that the global low interest rate environment poses new challenges for central banks and that many questions are raised about the possibility of negative interest rates and alternative monetary policy strategies.

“We are serious about these questions now, because it makes sense to do so as a precaution,” he said.

Source: asahi

All news articles on 2019-09-26

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