The Reserve Bank of New Zealand (RBNZ) held its official cash rate (OCR) at 0.25% as widely expected anticipated on Wednesday. The Reserve Bank of New Zealand (RBNZ) has retained its large scale asset purchase (LSAP) programme at NZ$100 billion ($70.55 billion). The Funding for Lending Programme (FLP) operation was unchanged. Meanwhile, The Reserve Bank [...]
Final readings of New Zealand’s ANZ Business Confidence and Activity Outlook slipped below the initial forecasts and prior read-outs in the latest announcement showing -4.0 and 16.6% figures respectively. The key points of the readings were "All forward-looking activity indicators were lower in the second half of the month. The preliminary results would not have [...]
NZD/USD touched a high which is the level last seen in April 2018. There is a positive sentiment despite the Reserve Bank of New Zealand (RBNZ) expressed willingness to provide more stimulus and stressed its ability to implement negative rates if needed. The Reserve Bank of New Zealand kept its Official Cash Rate (OCR) steady [...]
The Reserve Bank of New Zealand (RBNZ) is about to keep the Official Cash Rate (OCR) on hold at its first monetary policy decision of 2021 next week, as the economy stages a swift turnaround from the coronavirus crisis. All of the 12 economists concluded that the Reserve Bank of New Zealand (RBNZ) will be [...]
