Wheeler manages to move dollar in farewell speech, sees prospects for 'robust economic growth'

Wed, 30 Aug 2017

By Jonathan Underhill Aug. 30 (BusinessDesk) - Reserve Bank governor Graeme Wheeler said "the prospects look promising" for continued robust economic growth in New Zealand over the next two years and the greatest risks are from "inflated global asset prices and the continuing build up in global debt". Wheeler made the comments in what is his last scheduled speech as governor. He told the Northern Club in Auckland that if growth in the global economy slows, "we have some scope to buffer our economy." "We’ve greater room for monetary pol...

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