Graeme Wheeler: Some thoughts on the inflation outlook and monetary policy Speech by Mr Graeme Wheeler, Governor of the Reserve Bank of New Zealand, to ExportNZ, Tauranga, 29 July 2015.
And while Asia has been relatively free from financial crises since 1997, this has been aided by capital controls or large holdings of low-yield foreign reserves or both. If better integrated Asian markets can produce more safe assets of our own, offer greater risk hedging, and help to reduce financial mismatches, the financial stability gains to us could be quite large.