RBNZ to moves its timing of monetary policy announcements in 2019

Reserve Bank of New Zealand says it'll shift to 2pm announcement on Wednesdays

  • From 2019 monetary policy decisions will be announced the day before they are implemented
  • Market implementation of the OCR will continue to be the Thursday of the relevant week
  • Monetary policy announcements a day earlier, on the Wednesday
  • This change helps position the Reserve Bank for the upcoming shift to a decision-making committee structure
  • Announcements will be made at 2:00pm for MPSs and OCR reviews, and at 9:00am for FSRs on the dates listed below
  • Media conferences will be held following the release of each MPS at 3:00pm and FSR at 11:00am

Dates for 2019:

Monetary Policy Statement / Official Cash Rate announcements

  • 13 February 2019 OCR & MPS Media conference & live-stream
  • 27 March 2019 OCR
  • 8 May 2019 OCR & MPS Media conference & live-stream
  • 26 June 2019 OCR
  • 7 August 2019 OCR & MPS Media conference & live-stream
  • 25 September 2019 OCR
  • 13 November 2019 OCR & MPS Media conference & live-stream
  • 12 February 2020 OCR & MPS Media conference & live-stream
  • 25 March 2020 OCR
  • 13 May 2020 OCR & MPS Media conference & live-stream
  • 24 June 2020 OCR
  • 12 August 2020 OCR & MPS Media conference & live-stream
  • 23 September 2020 OCR
  • 11 November 2020 OCR & MPS Media conference & live-stream

Financial Stability Report

  • 29 May 2019 FSR: Media conference & live-stream
  • 27 November 2019 FSR: Media conference & live-stream
  • 27 May 2020 FSR: Media conference & live-stream
  • 25 November 2020 FSR: Media conference & live-stream

Print out and stuck it to your frudge! (I'll get in trouble for that ….)

investingLive Premium
Telegram Community
Gain Access