Free Trial

(M2) Correction Extends


Late Session Rebound


(M2) Corrective Cycle Remains In Play


(M2) Gains Still Considered Corrective

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
RBNZ: Economic impacts of COVID-19 containment measures
- Containment measures are limiting the spread of COVID-19 and saving lives. It
has come at a cost, however, of reduced economy activity. This paper outlines
our estimates of the impact on GDP from each of the COVID-19 alert levels. The
impact ranges from an estimated 4 percent reduction in GDP under alert level 1
up to 37 percent of GDP under level 4. The paper also shows that the impact is
not uniform across the economy, with some sectors more heavily effected than
others such as tourism. These estimates, and the assumptions underlying them,
will inform the Reserve Bank's projections and scenarios as it prepares for
May's Monetary Policy Statement (MPS).
- Link:
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.