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RBNZ: MNI PREVIEW - RBNZ To Hold Fire:
- After expanding its LSAP programme to NZ$60bn at last month's MPS, the RBNZ is
widely expected to stand pat on its main policy settings at its Wednesday
meeting as it takes stock of the condition of New Zealand's economy in the midst
of the coronavirus crisis. The outlook remains uncertain, but some green shoots
have appeared in domestic economic backdrop, which should allow the MPC to
shelve further steps for now.
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