NZ fin min says RBNZ can do more QE, different instruments

New Zealand Finance Minister Grant Robertson interview Tuesday

  • RBNZ Governor Orr is independent to conduct QE
  • RBNZ have a NZ$30b yprogram but can do more
  • RBNZ bought NZ government bonds, but can buy other instruments if needed

Monday saw QE operations from the RBNZ.

The RBA and BOJ also undertook actions on liqudity

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