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RBNZ's Wheeler: Growth slowing in a number of trading partner economies

Reserve Bank of New Zealand Governor Wheeler press conference:

  • Growth slowing in a number of trading partner economies
  • Investor activity driving a lot of the Auckland housing market
  • LVRs successful in changing risk of bank portfolios
  • looking at further macroprudential measures - debt to income ratios something we would look at

  • Not feasible to increase interest rates in the foreseeable future
  • Nothing specific on timing for new macroprudential measures, still doing analysis

If you are a bit over watching Gilligan's Island reruns and want something a bit different - here's the link to Wheeler . As soon as Maryanne and Ginger join Wheeler I'll be tuning in too.

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Earlier: RBNZ Financial Stability Report - housing and dairy are risks to stability Reserve Bank of New

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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