NZIER Shadow Board recommends RBNZ to keep OCR steady in July RBNZ CentralBanks NZDUSD
uld leave the Official Cash Rate unchanged at 5.50% when it meets this Wednesday for its monetary policy decision.“Most Shadow Board members recommend the Reserve Bank should keep the Official Cash Rate at 5.50 percent in the upcoming July Monetary Policy Review.”
“However, one member recommended a 25-basis point increase, reflecting the view that inflation is sticky.”Share:Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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