Shares 115 Views

RBNZ to hold the OCR at 1.75% this week – Westpac

Analysts at Westpac explained that they expect the Reserve Bank to hold the OCR at 1.75%, and to retain the neutral tone of the November statement.

Key Quotes:

“The RBNZ will take some comfort from the fact that inflation is finally back within the target range. But there are still some significant barriers to a further pickup in inflation from here. Rising mortgage rates and a stronger New Zealand dollar mean that financial conditions have already tightened by more than the RBNZ intended.”

“RBNZ Governor Wheeler’s term ends in September. A statement about whether he will stand for another term is expected soon.”

You may be interested

bitcoincasino
shares25 views

50+ Bitcoins Total Jackpot at Bitcoin Casino US

Brian Evans - Feb 25, 2018

Striking it rich online is more than possible at an establishment like BitcoinCasino.us. This bitcoin casino has many games that feature a progressive pot—meaning that they get…

Alt coins
shares29 views

Decentralized Application Platforms Sit At The Heart of The Blockchain Revolution: Part 3

Brian Evans - Feb 25, 2018

In parts one and two of our series on decentralized application blockchain platforms (dApps) we examined the dominant players in the space as well as those that,…

Blockchain
shares20 views

Three Ways Your ICO Can Overcome FUD in the Market: Expert Take

Brian Evans - Feb 25, 2018

The ICO-market has a PR problem, FUD is a symptom of misunderstanding. #EXPERT_TAKE

Most from this category

%d bloggers like this: