RBNZ’s Orr: Pleased credit growth has slowed, but hasn't slowed for long enough

The Reserve Bank of New Zealand Governor Adrian Orr is back on the wires now, via Reuters, testifying about the Financial Stability Report (FSR) before the Parliament Select Committee, in Wellington.

Key Headlines:

Pleased credit growth has slowed.

Hasn't slowed for long enough.

May 30, 2018

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RBNZ’s Orr: Pleased credit growth has slowed, but hasn't slowed for long enough

Australia Building Permits (MoM) came in at -5%, below expectations (-3%) in April

Mexico’s President Nieto: “NO. Mexico will NEVER pay for a wall”