RBNZ signals appetite to change ‘restrictive’ capital settings
At a news conference, PM Luxon rejected suggestions he had interfered with the Reserve Bank’s independence on monetary policy.
WATCH: Prime Minister Christopher Luxon and Finance Minister Nicola Willis speak to media.
The Reserve Bank has proposed changes to its capital requirements for banks, after a wave of criticism about the implications for borrowers and the economy.
It has today released proposals in a consultation paper as part of its review of capital requirements, announced in March , just weeks after the
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