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- The Reserve Bank of New Zealand's Thursday's policy statement will come in the wake of data that's trended negative says UBS
The Reserve Bank of New Zealand's Thursday's policy statement will come in the wake of data that's trended negative says UBS
"The Reserve Bank of New Zealand's Thursday's policy statement will come in the wake of data that's trended negative of late, so the central bank is likely to acknowledge that growth has been a bit weaker than expected, The RBNZ will probably also give a nod toward higher inflation given petrol pump prices have hit record levels amid the New Zealand dollar's recent weakness. But none of it will be enough to prevent the central bankers from saying interest rates will remain as is for some time to come".
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