WELLINGTON, May 11 (Reuters) - New Zealand's financial system...

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    WELLINGTON, May 11 (Reuters) - New Zealand's financial system remains resilient but risks to the financial stability outlook have increased in the past six months, the central bank said Wednesday.

    The outlook for the global economy has deteriorated, dairy prices remain low and imbalances in the housing market continue to increase, the Reserve Bank of New Zealand (RBNZ) said in its six-monthly financial stability report.

    "The Reserve Bank is closely monitoring developments to assess whether further financial policy measures would be appropriate," it said.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.