RBNZ's Orr: Fiscal and monetary policy must work hand-in-hand

Comments by RBNZ governor, Adrian Orr
– There will always be trade-offs when implementing monetary policy
– Economic risks still skewed to the downside
– Monetary policy objectives have not changed
There isn't anything that stands out too much as he communicates a more flexible approach towards negative rates, or in his words that the RBNZ retains the option