RBNZ is expected to keep rates unchanged at the current level of 2.50% in this meeting, as unanimously agreed by all economists surveyed from different news media companies. As a matter of fact, aside from the bullish statement and hawkish tone during previous RBNZ rate statements from Governor Bollard, there seems to be no other fundamental reasons supporting a rate hike for NZD in the near future.
This is a preview of RBNZ Official Cash Rate Decision 03/10/2010. Read More...
RBNZ is once again expected to keep rates unchanged at the current level of 2.50% in this meeting, as unanimously agreed by all economists surveyed from different news companies. As a matter of fact, aside from the bullish statement during last RBNZ rate decision from Governor Bollard, there seems to be no other fundamental reasons supporting a rate hike for NZD in the near future.
This is a preview of New Zealand RBNZ Official Cash Rate 01/27/10. Read More...
RBNZ is expected to keep rates unchanged at the current level of 2.50% once again during today’s rate decision, as unanimously agreed by all economists surveyed, according to Bloomberg. As a matter of fact, there seems to be no fundamental reason supporting a rate hike for NZD in the near future, as the current inflationary target for NZD remains below the magical 2.0% level until perhaps 2011…
This is a preview of RBNZ Official Cash Rate Decision (Interest Rate) 12/09/09. Read More...
RBNZ is expected to leave rates unchanged at the current rate of 2.50%, as unanimously agreed by 11 economists surveyed, according to Bloomberg. As a matter of fact, New Zealand’s economic outlook is still bleak, although NZD has appreciated over 32% in the past 6 months benefited from the surge in risk appetite sentiment, but sentiment alone will not make RBNZ hike rates…
Here are some of the facts worth considering, NZ’s Prime Minister John Key spoke today on the high rate of exchange of Kiwi offsetting any inflationary concerns, and if RBNZ hikes rates in 2009, he would be “very surprised”…
This is a preview of RBNZ Official Cash Rate Decision 10/28/09. Read More...
RBNZ has been keeping its rate on hold for 2 rate decisions in a row as the last cut was back in April this year from 3.00% down to 2.50%. The fundamental outlook for NZ remains bleak as during the last rate decision Governor Bollard expressed a concern that rates could move lower.
What I would be looking for is a surprise rate cut decision or at least a cautionary tone over the future recovery as I don’t think RBNZ is at a position to be hiking rates; therefore I can almost be sure this release would be a somewhat bearish for NZD.
This is a preview of RBNZ Official Cash Rate Decision 09/09/09. Read More...
RBNZ (Reserve Bank of New Zealand) will be rendering its Interest Rate Decision on the current rate of 2.50%. Analysts consensus is for an unchanged verdict at 2.50% as the current market condition and New Zealand’s economic outlook don’t justify further rate cutting or hiking at this present moment. However, it is possible we might see some speculative market movement prior to this release, as the accompanied statement may disclose future monetary policy direction and surprise the market.
This is a preview of RBNZ Official Cash Rate Decision and Statement 07/29/09. Read More...
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RBNZ is expected to keep rates unchanged at the current level of 2.50% in this meeting, as unanimously agreed by all economists surveyed from different news media companies. As a matter of fact, aside from the bullish statement and hawkish tone during previous RBNZ rate statements from Governor Bollard, there seems to be no other fundamental reasons supporting a rate hike for NZD in the near future.
