New Zealand's fiscal stimulus and QE measures in focus
|The Reserve Bank of New Zealand explained that the governor Orr said that if more stimulus is needed he'll use more, explaining that it would be a simple way to boost the economy.
Orr says the RBNZ would "probably" stick to buying no more than 50% of the New Zealand Government Bonds in the market, even though this isn't a "magic number".
Meanwhile, the Financial Minister said the concept of helicopter money is being discussed, but not at a level where have details on how it will work, adding that they are keen to make sure fiscal policy remains with the government.
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