The Reserve Bank of New Zealand is expected to hold the monetary policy rate at 0.25% at its meeting this week, says UOB Group economist Lee Sue Ann.
Key statements:
“For now, we think negative interest rates are a possibility, but increasingly lower.”
“Our forecast remains for the OCR (interbank interest rate) to remain unchanged at 0.25%.”
“Es more likely that more quantitative easing will be implemented. We see the RBNZ driving the Loan Finance program and its asset purchases. “
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
