WELLINGTON (CU)_For the first time in six months, New Zealand reported its first community COVID-19 case, linked to the growing outbreak of the Delta variant in neighbouring Australia. Accordingly, the government reintroduced level 4 restrictions across the Pacific island nation, demonstrating how unpredictable and disruptive the virus is proving to be. According to the Governor of the Reserve Bank of New Zealand, Adrian Orr, the lockdown measures have not shifted the central bank from its overall aim of reducing monetary stimulus.
Nevertheless, in its most anticipated monetary policy statements in recent years, the Reserve Bank revealed on Wednesday (18 August) that it has decided to….
