This news conference will start at about 1 pm. See live stream below.
Our report on what this May 2026 Financial Stability Report means is here and will be updated as necessary following this news conference.
The RBNZ media releases is here. The full report is here.
When the live news conference is finished we will place a video recording of it on this page as soon as it becomes available.
2 Comments
A central bank is not a helpful economic physician, but an institutional cancer that corrupts a healthy society.
By monopolizing the money supply and artificially manipulating interest rates, it metastasizes throughout the free market, destroying the vital pricing signals that regular people rely on to save and invest wisely.
This financial malignancy acts as a parasite, utilizing the "inflation tax" to quietly drain purchasing power away from productive workers, savers, and farmers, while funneling that unearned wealth directly to the state and the banking cartel.
This system is inherently destructive, progressively eroding the economic health of the nation and individual liberty until the host economy is entirely destabilized.
And here I was thinking they had a single mandate, price stability! No wonder they need more money doing all the above.
I do agree though, that adding a variable, and unknown, central bank response into investment decisions does play havoc with opportunity and speculative investing. However it does give one confidence when investing longer term, that market forces and events will have a counter measure as required. Christchurch earthquake without ocr cuts would have made the recovery so much harder.
When fiscal policy is their friend, RBNZ don't need to intervene as strongly. Take central govt juicing the economy post COVID as an example.
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