At today’s (May 13) meeting, the monetary policy committee opted to keep the policy rate on hold at 0.25% but raised the limit on its large-scale asset purchase (LSAP) programme from NZ$33 billion to NZ$60 billion (US$19.9 billion to US$36.1 billion).
“The balance of economic risks remains to the downside. The
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.