I've post 5 previews for the RBA meeting tomorrow, but only one for the RBNZ ... I am so biased!
Here's the Reserve Bank of New Zealand preview so far:
- RBNZ meet Thursday 9 February - preview (Goldman Sachs)
Here' another, this is in brief from Westpac:
- WAPC expect an on hold decision
- Expect the Bank retain the neutral tone evident in the November statement
- RBNZ will take some comfort from the fact that inflation is finally back within the target range
- Still some significant barriers to a further pickup in inflation
Rising mortgage rates and a stronger NZD have tightened financial conditions already "by more than the RBNZ intended" say WPAC
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ps. Timings for the RBNZ:
- 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
