Wed, 14 Jul 2021 14:23:40 GMT
RBNZ reduces monetary stimulus
On July 14, at 02:00 GMT, the Reserve Bank of New Zealand made a Rate Statement. In general, the bank once again kept its interest rate at 0.25%. However, the bank revealed in its statement that the bank would reduce monetary stimulus.
Quoting the statement: "The Monetary Policy Committee agreed to reduce the current stimulatory level of monetary settings in order