Free Trial

VIEW: NZIER: NZIER's Shadow Board favours......>

RBNZ
RBNZ: VIEW: NZIER: NZIER's Shadow Board favours further QE over negative OCR
- There were mixed views over whether the RBNZ should expand its QE programme at
the May meeting, but the consensus was that the central bank should expand its
programme over the coming year. Most saw it as a tool to support increased
Government spending, with the purchase of Government bonds helping to maintain
liquidity in the financial markets to keep it functioning. These results
indicate the Shadow Board considers it appropriate for the RBNZ to undertake
more stimulatory monetary policy over the coming year.
- Link: https://tinyurl.com/yc3nyzy6
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.