Free Trial

The Official Cash Rate (OCR) is being held.....>

RBNZ
RBNZ: The Official Cash Rate (OCR) is being held at 0.25 percent in accordance
with the guidance issued on 16 March. The Monetary Policy Committee is prepared
to use additional monetary policy tools if and when needed, including reducing
the OCR further, adding other types of assets to the LSAP programme, and
providing fixed term loans to banks. The Committee's decisions are guided by the
Reserve Bank's mandate and our decision making principles on the use of
alternative monetary policy instruments.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

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.