NZ FinMin Robertson: Do not see unconventional policy in NZ in the short term
|New Zealand’s (NZ) Finance Minister Robertson is making the following comments on the economy and monetary policy outlook, courtesy Reuters.
Key Points:
Accepts monetary, fiscal policy must work together.
Does not see unconventional policy in NZ in the short term.
Government is prepared to respond in an economic shock.
The Kiwi is being offered no reprieve from the above comments on the monetary policy, as it meanders near four-year lows of 0.6270 reached some minutes ago.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.