Reserve Bank of New Zealand Chief Economist Ha has argued that there is reasonably strong evidence internationally that negative rates help in stimulating credit demand.
Key notes
- Negative rate decision contingent on the health of the economy; if and when the time comes we have those tool available.
- The earliest we could implement negative rate operationally is early next year.
- Not hostage to exchange rate but welcome "helpful support" from that channel.
- Ha says asset purchase programme has been successful so far in lowering retail interest rates.
NZD crosses updates
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AUD/NZD Price Analysis: 1.1030 holds the key to refresh multi-month top
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NZD/USD consolidating a turbulent flight as the US dollar falls back in line
作者：Ross J Burland，文章来源FXStreet，版权归原作者所有，如有侵权请联系本人删除。
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