Bollard tipped to quit Reserve Bank

Published: 4:40PM Friday January 27, 2012 Source: Fairfax

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  Reserve Bank Governor Alan Bollard - Source: ONE News

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Reserve Bank Governor Alan Bollard is reportedly poised to announce he is stepping down in September.

Deutsche Bank economist Darren Gibbs predicted in a note yesterday that Bollard would step down later this year at the end of his second five-year term.

Another economist also said this week that Bollard's recent actions showed he was likely to resign this year.

''When you get a Reserve Bank Governor writing their own book, you get the impression, yeah, he's not going for another term.''

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