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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Bernard Hickey
The latest daily snapshot of the news, detail, insight and analysis on geo-politics, the global economy, business, markets and the local political economy for citizens and decision-makers of Aotearoa-NZ.
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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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