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
Roger J Kerr says higher inflation and a stable NZD/USD rate around 0.6500 to 0.6800 may well result in the Reserve Bank ruling out of further interest rate cuts
Roger J Kerr says higher inflation and a stable NZD/USD rate around 0.6500 to 0.6800 may well result in the Reserve Bank ruling out of further interest rate cuts
Roger J Kerr says 'the charts' provide clear blue sky for the NZ dollar to climb all the way up to 0.7000, but it does feel that the appreciation from 0.6250 to 0.6800 has been too far, too fast
Roger J Kerr says 'the charts' provide clear blue sky for the NZ dollar to climb all the way up to 0.7000, but it does feel that the appreciation from 0.6250 to 0.6800 has been too far, too fast
Roger J Kerr says the question for the interest rate markets is whether price increases by NZ businesses in coming months are more or less than the RBNZ is expecting
Roger J Kerr says the question for the interest rate markets is whether price increases by NZ businesses in coming months are more or less than the RBNZ is expecting