RBNZ: Funding for Lending Programme to stay until December, as planned
|“The Funding for Lending Programme (FLP) is working largely as planned and it'll be staying in place until its scheduled end in December,” the Reserve Bank of New Zealand (RBNZ) responded when Interest.co.nz asked a series of questions about the FLP. The FLP was launched by the RBNZ in December 2020 to provide additional monetary stimulus to the economy.