About the speech
Chief Economist Paul Conway will discuss lessons from monetary and fiscal policy during COVID-19, reflecting on:
- how the established roles of monetary and fiscal policy in stabilising economic volatility can temporarily shift in very turbulent economic times
- the tools available to policymakers when the Official Cash Rate (OCR) reaches its Effective Lower Bound, drawing on New Zealand’s pandemic experience
- how monetary policy can work alongside fiscal policy in a crisis, while maintaining its independence.
Citi Australia & New Zealand Investment Conference 2025
More information
- Speech - Navigating economic storms: Lessons from monetary and fiscal policy during COVID-19 (PDF, 1.04MB)
- Bulletin - Pandemic lessons on the monetary and fiscal policy mix
- Analytical Note - Macroeconomic and Fiscal Impacts of Quantitative Easing in New Zealand
Please note that this speech is not related to the upcoming Monetary Policy Review.
Media contact
Olivia Neill
Communications Adviser
[email protected]