RBNZ's Conway doesn't expect to use additional monetary policy tools again any time soon

RBNZ chief economist Conway:

• Do not expect to use additional monetary policy (AMP) tools again anytime soon
• We’ll continue to update our approach to remain as prepared as possible to help New Zealand weather whatever economic storms come our way
• We must avoid choices that threaten monetary policy’s operational independence or focus on medium-term inflation pressures
• We will continue improving our understanding of how AMP tools influence the economy

Earlier:

• Reserve Bank of New Zealand's Conway says will close the gap between Dec, Feb meetings