Roger J Kerr has no problem with the RBNZ reminding everyone that the markets’ interpretation of monetary policy intentions or settings is sometimes off beam and not helpful to what the RBNZ is trying to do
Roger J Kerr has no problem with the RBNZ reminding everyone that the markets’ interpretation of monetary policy intentions or settings is sometimes off beam and not helpful to what the RBNZ is trying to do
Roger J Kerr sees the RBNZ holding the Official Cash Rate at 2.5% this year and says global oil prices will recover eventually, while inflation - possibly stronger than the RBNZ forecasts - will emerge in NZ
Roger J Kerr sees the RBNZ holding the Official Cash Rate at 2.5% this year and says global oil prices will recover eventually, while inflation - possibly stronger than the RBNZ forecasts - will emerge in NZ
Roger J Kerr sees much less chance of market interest rate decreases over coming years and says if borrowers are not already highly fixed, they need to act to get into that position
Roger J Kerr sees much less chance of market interest rate decreases over coming years and says if borrowers are not already highly fixed, they need to act to get into that position
Roger J Kerr says the RBNZ might have been better advised to not cut the OCR and preserve some bullets for when they might be really needed in the New Year
Roger J Kerr says the RBNZ might have been better advised to not cut the OCR and preserve some bullets for when they might be really needed in the New Year
Roger J Kerr says if early next month the NZD/USD exchange rate is around 0.6500 and whole milk powder prices near to US$2,200/MT then the RBNZ will be justified in holding off from any further OCR interest rate reductions
Roger J Kerr says if early next month the NZD/USD exchange rate is around 0.6500 and whole milk powder prices near to US$2,200/MT then the RBNZ will be justified in holding off from any further OCR interest rate reductions