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Reserve Bank of New Zealand 'shadow board' monetary policy preview - suggests on hold

Reserve Bank of New Zealand 'shadow board' monetary policy preview - suggests on hold
The RBNZ monetary policy meeting is this week, the consensus expectation is for an on hold cash rate decision. The statement is due on Wednesday 16 August 2023 at 0200 GMT. which is 9pm US Eastern time on Tuesday, 15 August 2023.From the New Zealand Institute of Economic Research (NZIER) report:Most Shadow Board members recommend that the Reserve Bank keep the Official Cash Rate (OCR) at 5.50 percent in the upcoming August Monetary Policy Statement. The impacts of previous interest rate increase... Read More
Posted: Aug 13 2023, 22:42
Author Name: forexlive
Views: 110669

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