The RBNZ has not changed its guidance on keeping OCR at 0.25% until March 2021 – Christian Hawkesby

The Reserve Bank of New Zealand (RBNZ) has not changed its guidance on keeping the Official Cash Rate (OCR) at 0.25% through March 2021said the Lieutenant Governor Christian Hawkesby while delivering a speech this Thursday.

Featured Comments:

The economy performed stronger than expected in August this year.

The economy still requires a substantial amount of stimulus, although less than what was needed in August.

The market reaction on Wednesday was that economists changed the call for negative rates, not the monetary policy statement.

.

Credits: Forex Street

You may also like

Justin San turned to Russian users
Top News
David

Justin San turned to Russian users

The founder of the TROM crypto project Justin San turned to Russian participants in the crypto community. Suddenly for his