Time to Retire the Circus? Reflections on the May 2025 RBNZ Financial Stability Report Press Conference
Every six months, the Reserve Bank of New Zealand releases its Financial Stability Report (FSR), and in recent years this has been accompanied by a press conference and a follow-up grilling at the Finance and Expenditure Committee (FEC). These events used to be real calendar moments for financial journalists, regulators, and policy aficionados alike. Bu…

