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In a bulletin article the RBNZ has......>

NEW ZEALAND
NEW ZEALAND: In a bulletin article the RBNZ has noted that "currently, monetary
policy settings are stimulatory in New Zealand, and the Bank is not projecting a
significant decrease in the OCR. With the OCR at 1.75%, the Bank has significant
further room to ease monetary policy in a conventional way, and conventional
monetary policy remains effective in influencing inflation and activity."|
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https://www.rbnz.govt.nz/news/2018/05/bulletin-article-discusses-unconventional-
monetary-policy-since-the-global-financial-crisis
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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