RBNZ boosts asset purchases and prepares new policies

Adrian Orr
Adrian Orr
Photo: Banco Central de Chile

The Reserve Bank of New Zealand has added a further NZ$40 billion ($26 billion) to its asset purchase programme, as policy-makers prepare for the end of some emergency fiscal measures.

Governor Adrian Orr added in remarks today (August 12) that other policies were under “active preparation” at the central bank, including negative rates and a “funding for lending” scheme.

“The deployment of such tools will depend on the outlook for inflation and employment,” said Orr, noting the monetary policy

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: