As suspected (the clue was in the title of the speech :-D), nothing on his economic outlook nor monetary policy
RBNZ Deputy Governor and Head of Financial Stability Grant Spencer
- Bank to review minimum capital ratios
- Wants to use debt-to-income ratios as tools
(this'll be a control on lending)
More:
- Would not use debt-to-in income ratios now
Full text is here: Simple, conservative approach for prudential supervision
The Reserve Bank aims to improve the effectiveness of its prudential regulation through a combination of simpler regulations and bolstering its supervisory activities.
