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Politics
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Reserve Bank says Auckland lockdown confirmed monetary policy stance

Geoff Bascand says bank’s monetary and fiscal stability tools cannot be at odds with one another.

Brent Edwards Tue, 02 Mar 2021

The Reserve Bank is feeling a slight sense of vindication after Auckland went into Alert level 3 lockdown over the weekend.

Last week some economists had suggested the bank might want to signal – if not a loosening of monetary policy – at least an end to its current cycle of tightening.

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Reserve Bank says Auckland lockdown confirmed monetary policy stance
Politics,
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