Reserve Bank of New Zealand Raise Rates by 50bp, as Expected

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  • 31 May '22 at 7:22 pm #37744
    TradersCom
    Keymaster

    Deputy Governor of the Reserve Bank of New Zealand Hawkesby

    Says it is important to keep expectations of inflation anchored
    Says demand needs to be moderated

    Earlier the shadow board of the #RBNZ said expects a 50-bps rate hike in July.

    30 Jun '22 at 7:29 am #39441
    Truman
    Participant

    Reserve Bank of New Zealand chief economist warned that the tide may have turned against #housing being a one-way bet. (Especially if you’re going to raise rates to crush them – the #banksters and politicians are all quiet about that)

    18 Jul '22 at 9:08 am #40465
    TradersCom
    Keymaster

    The Reserve Bank of New Zealand announced a new standing repurchase facility after short-term rates slipped below the official cash rate.

    04 Oct '22 at 7:00 pm #37680
    Corporal
    Participant

    The Reserve Bank of New Zealand aggressive hiking cycle continues. It raised its Official Cash Rate by another 50 bps to 3.50%, as expected. The RBNZ
    [See the full post at: Reserve Bank of New Zealand Raise Rates by 50bp, as Expected]

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