Graeme Wheeler’s speech yesterday is generating discussion in the NZ press this morning after his words knocked it lower about this time yesterday, losses that continued in the London session.
This article is a bit of a recap: Reserve Bank looks to cool kiwi.
There’s also discussion of the heated housing market and the use of macro-prudential tools (eg. LVR constraints) being potentially ‘only days away’ here: RBNZ seen as keen to ‘throw the kitchen sink’ at heated housing market and an announcement on LVR limits might be just ‘days away’ BNZ says
