TLDR: The Reserve Bank has detailed its plans to unwind its $55b programme of money printing relatively slowly over the next five years to avoid disrupting the economy and asset markets. It also says it might have to print again and wants to sideline the issue of growing inequality between renters and home owners in its current review of monetary policy.
Listen to this episode with a 7-day free trial
Subscribe to The Kākā by Bernard Hickey to listen to this post and get 7 days of free access to the full post archives.
