RBNZ Orr: QE program highly effective, a very simple story to continue

<p>RBNZ Governor Adrian Orr said the QE program had been “highly effective” in lowering wholesale interest rates. Given the nation of the coronavirus shocks, the central bank had “plenty of assets to purchase while maintaining our operational independence”.If the program remained effective, “then ongoing large-scale asset purchases would be a very simple story, subject to […]</p>
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