New Zealand Locks Down Second City as Virus Spreads

The video discusses New Zealand's ongoing efforts to maintain a COVID-0 strategy amidst an outbreak, focusing on the strict lockdown in Auckland. It highlights the uncertainty surrounding the lifting of the lockdown due to new cases outside Auckland. Additionally, the video explores the implications of these lockdowns on monetary policy, particularly the potential impact on interest rate decisions by the Reserve Bank of New Zealand (RB&Z). The uncertainty of the situation makes upcoming policy decisions more complex.

What has been the duration of the COVID-19 outbreak in New Zealand mentioned in the text?

What decision was the Prime Minister and her cabinet meeting to discuss regarding Auckland?

How did the recent COVID-19 cases outside Auckland affect the lockdown situation?

What impact do lockdowns have on monetary policy according to the text?

What was the general feeling about the interest rates before the lockdown was imposed?