On olive branches and olive trees
A short note on the outcome of the RBNZ capital plans
Today, the RBNZ posted its final capital plans - well, they still need to be finalised, but for the Christmas holidays this will do.
In fairness, I see no reason not to commend the RBNZ for their decisions on capital. See the summary cheat sheet below:
The Reserve Bank incorporated most of the suggestio…
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