Business Video: Brian Fallow discusses OCR announcement

Economics editor Brian Fallow discusses the Reserve Bank's Monetary Policy Statement issued today. The bank has removed the prospect of future interest rate hikes from its forecast horizon as a strong kiwi dollar and cheap oil hold down inflation, and the central bank ponders whether to lower its assessment of where "neutral" interest rates should be. The kiwi dollar gained after the statement.

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Currency control?
New Zealand

Currency control?

The Reserve Bank of New Zealand is considering launching a central bank digital currency (CBDC). This episode explores why and how it could work.