New NZ FinMin Robertson: RBNZ reform could potentially lower rates

Dhwani Mehta FXStreet

Reuters reports the comments from Grant Robertson, New Zealand’s new finance minister speaking in an interview TV on Sunday.

Key Quotes:

When asked if the RBNZ could lower interest rates: "potentially, it could"

"What it means is that when the Reserve Bank is making its decisions about the official cash rate, when it's thinking about monetary policy, of course, it thinks about managing and controlling inflation, and that's vital.”

“But also it thinks about other goals in the economy such as making sure that we maximize employment."

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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