- Expects to keep cash rate unchanged in 2013
- Inflation will remain close to 1% this year, but will gradually rise toward 2%
- High NZD is a significant headwind
- Growth in economy has picked up
- House price inflation is high in some regions
- NZD strength partly because of Japanese QE
RBNZ Governor Wheeler comments accompanying the interest rate decision.
No surprises in the decision or in his comments.
