Tag Archives: New Zealand
Risks & Drivers – Tapering our global growth forecasts
Positive growth signals continue to trickle out across the globaleconomy. The Eurozone economic recovery has stabilised, havingrecorded its second consecutive quarter of modest growth in Q3.
Australia and New Zealand Weekly: Will the RBA start swimming with the global tide?
Central bank watch: Australia – No compelling reason for the RBA to do anything Doing nothing appears to be the strategy that offers the RBA the best risk/return. That said, the RBA used this week’s statement to state that it is ready willing and able to ease policy if required.
New Zealand: RBNZ September MPS – RBNZ keeps door open for hikes
The Reserve Bank of New Zealand (RBNZ) left the Overnight Cash Rate (OCR) unchanged at 2.50%, in line with the consensus forecast and market pricing. The Statement was more dovish than the June MPS, in line with our expectations (see New Zealand: RBNZ September MPS – Not that dovish, 14 September 2011). Governor Bollard noted […]