New Zealand: Limited options for the RBNZ
Weak 1Q GDP in the face of a mild Covid-19 outbreak shows that no economy is immune to the effects of this virus. There is little scope for more central…
RBNZ: Keeping it positive
Markets seem to be getting ahead of themselves, as expectations have risen for a move to zero or even negative rates at the Reserve Bank of New…
New Zealand's central bank to hold steady despite coronavirus
The Reserve Bank of New Zealand is unlikely to cut rates at the coming meeting, despite easing elsewhere in the Asia Pacific region
Markets are still pricing in one more rate cut from the Reserve Bank of New Zealand, which would take cash rates to 0.75%, in line with Australia. But the…