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9 Aug 2018

RBNZ sees official cash rate at 1.8% in September 2019 vs. 1.9% prior

Below is the RBNZ's updated OCR forecast, as reported by Reuters.

  • Sees official cash rate at 1.8 pct in December 2018 (pvs 1.8 pct).
  • Sees official cash rate at 1.8 pct in September 2019 (pvs 1.9 pct).
  • Sees official cash rate at 1.8 pct in December 2019 (pvs 1.9 pct).
  • Sees official cash rate at 2.3 pct in September 2021.
  • Sees TWI NZD at around 72.8 pct in September 2019 (pvs 74.0 pct).
  • Sees annual CPI 1.8 pct by September 2019 (pvs 1.6 pct).
Aug 9, 2018

RBNZ leaves interest rate unchanged at 1.75%, says rates to stay expansionary for considerable period

In a widely expected decision, the Reserve Bank of New Zealand (RBNZ) has left its official cash rate unchanged at 1.75% and said that rates would exp
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Aug 9, 2018

NZD/USD has dropped to test the bulls commitments at 0.67 the figure on the RBNZ

NZD/USD made a high of 0.6763 in NY from a low of 0.6722 on Wednesday's trade while consolidating at 0.6750 going into the RBNZ decision. The Kiwi has
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