Axing funding for lending would hit RBNZ credibility - Hawkesby
Deputy Governor says as OCR rises it will increase banks' funding costs.
Brent Edwards
Tue, 01 Mar 2022
The Reserve Bank is confident its funding for lending programme will have a dampening effect on inflation even though it is being left unchanged.
While the bank announced last week it was increasing the official cash rate to 1% and unwinding its large-scale asset purchase programme, it made no
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
NZ Aviation News
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Aviation News - Monthly
NZ$14.95 / monthly
Already have an account? Login
Brent Edwards
Tue, 01 Mar 2022
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Axing funding for lending would hit RBNZ credibility - Hawkesby
Business,
90680