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Salters Cartage owner cries poor while nobbling rivals. By Victoria Young

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Economy

Finance Minister quashes idea of RBNZ buying bonds directly from government

Rebecca Howard
Fri, 24 Apr 2020

Rebecca Howard
Fri, 24 Apr 2020
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Markets have been abuzz with the possibility the Reserve Bank could buy bonds directly from the government but Finance Minister Grant Robertson has poured cold water on the idea – at least for now. “We’re getting well ahead of ourselves talking about that,” he told journalists today. However, “there will come a time when we will need some more stimulus in the economy. There is a range of options available to us and we haven’t made any decisions about that,” Robertson said. So far, the central bank has embarked on a large-scale asset-bu...

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