RBNZ could crank up QE to $50b, says ASB
Assistant governor describes ‘extraordinary times’ as central bank calls on commercial banks to step up.
ASB Bank is expecting the Reserve Bank’s already huge $33 billion quantitative easing programme to increase to $40b-$50b after its Monetary policy committee meeting next month.
In an economic note emailed this afternoon, senior economist Mike Jones said the RBNZ’s large-scale asset purchase
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