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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.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessOrr: October Meeting Is "Live" (BBG)
RBNZ Governor Orr told BBG that October is a live meeting when it comes to interest rates, which will not shock participants. Orr stressed that COVID cases in isolation will not prevent a rate hike, with a significant shock to NZ demand required to change the Bank's central view. Orr also underscored the need to focus on the Bank's mandate, with a requirement to keep inflation expectations anchored. Orr also reiterated the Bank's plan to normalise interest rates over the coming years (reaffirming the 2.00% "neutral" level of the OCR in the process).
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.