This news conference will start at about 11:00 am
Our report on what this May 2019 Financial Stability Report means is here and will be updated as necessary following this news conference.
The RBNZ FSR media release is here.
Today's full Financial Stability Report is here.
When the live news conference is finished we will place a video recording of it on this page as soon as it becomes available.
2 Comments
Id say from this interview and their body language, it's fair to assume the following: 1. The Reserve Bank has much to hide. 2. There are some serious financial problems looming for NZ. 3. The reserve bank has no idea what to do because they are not in control. 4. NZ banks are in trouble and the public of NZ are going to suffer the consequences of their greed. Get ready for some financial disruption in NZ.
What's next? maybe remove cash from society to stop prudent people hiding cash outside the banking system.
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