Speaking ten days before the release of the latest official economic survey, Alan Bollard, the governor of the Reserve Bank of New Zealand, admitted on national radio that 2009 would - as for many other economies - be a lost year for the country.
Bollard on Monday estimated that New Zealand had lost at least two years growth during a period he likened to the Great Depression. Bollard said that although there was growing evidence of economic stabilisation, any growth would be modest and from a ve
- BoE research says digital currency would ‘strengthen’ policy transmission
- Turkish central bank carries out emergency rate hike as currency falls
- US House passes deregulation bill with bipartisan support
- Is this the beginning of a new era of credit risk management technology?
- Brazil’s central bank launches fintech laboratory