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RBNZ Gov Orr says again does not rule out negative rates

RBNZ Gov Orr says again does not rule out negative rates

Central Banks
Eamonn Sheridan
21/04/2020 | 01:31 GMT

Reserve Bank of New Zealand

  • Says QE more effective than negative rates for dealing with the virus shock
  • Will be thinking about additional stimulus in May

The next RBNZ meeting is May 13:

  • OCR announcement and Monetary Policy Statement media conference

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