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RBNZ policy meeting this week - "Shadow Board" recommend cash rate hold at 5.5%
The Reserve Bank of New Zealand meet on Wednesday 4 October (New Zealand time), the statement is due at 2 pm NZ time:0100 GMT2100 US Eastern time (on Tuesday, 3 October) From the NZIER Shadow Board, in very brief:Most Shadow Board members recommended the Reserve Bank should hold the OCR at 5.50 percent in the upcoming October Monetary Policy Review. The full impact of interest rate increases has yet to be transmitted to the broader New Zealand economy. Two members recommended a 25 basis-point hi...
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Posted: Oct 1 2023, 21:36
Author Name: forexlive
Views: 110561