Free Trial

The RBNZ released a comment from Governor......>

RBNZ
RBNZ: The RBNZ released a comment from Governor Orr in response to an earlier
opinion piece from BusinessNZ's Kirk Hope.
- The statement highlighted that the RBNZ is "deliberately forward-looking" in
its policy-making, given the lag between making rate decisions and the impact on
inflation and employment outcomes.
- Orr pointed at sluggish inflation as a key reason for low interest rates both
in New Zealand and across the globe.
- The full text of the response is available at the link below:
https://www.rbnz.govt.nz/news/2019/08/reserve-bank-forward-looking-and-transpare
nt

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.