RBNZ’s Orr: Pleased credit growth has slowed, but hasn't slowed for long enough
|The Reserve Bank of New Zealand Governor Adrian Orr is back on the wires now, via Reuters, testifying about the Financial Stability Report (FSR) before the Parliament Select Committee, in Wellington.
Key Headlines:
Pleased credit growth has slowed.
Hasn't slowed for long enough.
Banking system could withstand relatively significant decline in house prices.
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