Jun 9, 2022 • 11M
Friday’s chorus: 'We might print again'
Reserve Bank details plan to slowly sell $55b bonds directly back to Govt and says it may print again; RBNZ thinks monetary policy review should ignore surging inequality between renters & home owners
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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.
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