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- RBNZ's Wheeler says a lower New Zealand dollar is needed to increase tradables inflation and help deliver more balanced growth
RBNZ's Wheeler says a lower New Zealand dollar is needed to increase tradables inflation and help deliver more balanced growth
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Would not use DTIS while housing market continues to moderate
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Further surge in house prices can't be ruled out as mortgage rates are low, net migration flows strong
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Long-term inflation expectations remain well anchored at the target mid-point of 2 percent
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Lvrs are not expected to be a permanent measure, but their removal would require a degree of confidence that financial stability risks won't deteriorate again
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There's a risk of a housing market resurgence if lvrs were removed at this time
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