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Monetary policy to remain restrictive

Monetary policy to remain restrictive
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Reserve Bank holds OCR - but gives a hawkish surprise

Reserve Bank leaves Official Cash Rate unchanged at 5.5% but warns if inflation proves stronger than expected it may have to hike the OCR again

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Monetary Policy To Remain Restrictive

The Monetary Policy Committee today agreed to maintain the Official Cash Rate at 5.50 percent. Interest rates are restricting spending in the economy and consumer price inflation is declining, as is necessary to meet the Committee’s Remit . However, .

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Monetary policy to remain restrictive - sharechat.co.nz

Monetary policy to remain restrictive - sharechat.co.nz
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NZD/USD hovers around 0.6200 after RBNZ interest rate decision

NZD/USD continues its winning streak that began on Thursday, trading higher around 0.6190 during the Asian session on Wednesday.

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