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Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
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Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
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Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
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Real-time insight of oil & gas markets
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Data
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MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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About Us
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Free AccessVIEW: NZIER's Shadow Board members "on.........>
RBNZ: VIEW: NZIER's Shadow Board members "on average, still called for the OCR
to be kept on hold, but there was an increased skew towards a higher OCR."
NZIER's Principal Economist Christina Leung commented: "Recent data has been
mixed in the wake of the Reserve Bank's surprise 50 basis point cut to the OCR
in August. There are signs of renewed housing market activity, but the labour
market appears to be slowing as businesses become more cautious about hiring.
The global growth outlook also remains murky. Shadow Board members highlighted
the recent pick-up in house prices, and the financial stability risks that stem
from interest rates being too low. This was seen by some Shadow Board members as
justification for a higher OCR."
- Remember that NZIER Shadow Board members indicate "where they think interest
rates should be, not what they believe will happen."
- See the full publication at http://tiny.cc/NZIERSBNov
To read the full story
Sign up now for free trial access to this content.
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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.