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Orr: Actively Preparing A Package To Use If Needed

RBNZ

RBNZ Governor Orr notes that "we are actively preparing a package of additional monetary policy tools to use if needed. This is to ensure that monetary policy will remain effective and operate without undue risk. The additional tools that could be deployed include, for example, negative wholesale interest rates, further quantitative easing, direct lending to banks, and ongoing forward guidance about our intentions."

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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