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Adrian Orr: More QE would be the 'simple'......>

RBNZ
RBNZ: Adrian Orr: More QE would be the 'simple' way for the Reserve Bank to
boost the economy; Going further and getting the Bank to directly finance
government initiatives would be 'achievable' (Interest NZ)
- Reserve Bank (RBNZ) Governor Adrian Orr confirms more quantitative easing (QE)
is likely to be the central bank's first point of call, should it need to do
more to stimulate the economy. Orr says the RBNZ would "probably" stick to
buying no more than 50% of the New Zealand Government Bonds in the market, even
though this isn't a "magic number".
- Orr touches on a wide range of monetary matters in the interview, but there is
little new in there.
- Link: https://tinyurl.com/y7g7wspd
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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