Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.The RBNZ cut the OCR 50bp to 4.75% last week, noting it was confident inflation would fall back towards the midpoint of its 1-3% target band. (See MNI RBNZ WATCH: MPC Cuts 50bp, Further Moves Depend On Data)
Stats NZ noted inflation was still supported primarily by local government rates, up 12.2%, vegetables, up 8.4% and pharmaceutical products, which increased 17%.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.The RBNZ cut the OCR 50bp to 4.75% last week, noting it was confident inflation would fall back towards the midpoint of its 1-3% target band. (See MNI RBNZ WATCH: MPC Cuts 50bp, Further Moves Depend On Data)
Stats NZ noted inflation was still supported primarily by local government rates, up 12.2%, vegetables, up 8.4% and pharmaceutical products, which increased 17%.