RBNZ 'Shadow Board' recommends the Bank keep rates on hold this week

The 'Shadow Board' (NZIER's Monetary Policy Shadow Board is independent of the Reserve Bank of New Zealand)

  • Says the Bank should keep the cash rate unchanged

Bloomberg with the headline

I'll see if I can dig up a link for more detail

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RBNZ this week ... timings:

  • OCR announcement is due at 2000GMT Wednesday 8 February, which is Thursday local time in NZ
  • Monetary policy Statement is also due at 20000GMT Wednesday
  • Wheeler's press conference follows an hour later, 2100GMT Wednesday
  • Wheeler appears before committee in parliament at 0010GMT Thursday 9 February 2017

I've posted some previews:

  • RBNZ meet Thursday 9 February - preview (Goldman Sachs)
  • RBNZ meet Thursday 9 February - preview (#2)
  • Currency preview into the RBA & RBNZ this week: "AUD/NZD could head lower"
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