- NZ economic recovery becoming more broad-based
- Lower FX rate would support export industries
- High NZD constraining export industries
- Fiscal consolidation to weigh on aggregate demand
- Says if loan limits are not effective, will have to rethink
Earlier headlines from the RBNZ statement, these are Wheeler’s comments at his press conference.
Note – Wheeler will also be making comments in front of a parliamentary committee from 0110GMT