Comments from New Zealand PM Key:

  • RBNZ looking at new tools so they don't have to tighten
  • No upward pressure on inflation in New Zealand
  • New Zealand inflation could slow further

New Zealand PM John Key comments from a news conference on changes to mortgage rules for investors being considered by the Reserve Bank of New Zealand.

Press conference finished now.

Note: The RBNZ meet on monetary policy later this week

NZD/USD lost a little ground on the comments: