Monday, November 30, 2020
34 C
Abuja
Monday, November 30, 2020

Reserve Bank of New Zealand monetary policy decision due today

Must read

BLUBOX, Afrika Umoja Partner to Combat the Spread of COVID

June 18, 2020 Afrika Umoja is an official supplier of BLUBOX. BLUBOX is a designer and manufacturer of pathogen neutralizing equipment. All BLUBOX units are locally produced,...

Banks’ Profits Rise to N677bn Despite COVID

Obinna Chima Despite the economic...

Senator urges governors to cut security votes to tackle unemployment

SenateThe Senator representing Ondo South Senatorial District  Nicholas Tofowomo has urged state governors in Nigeria to cut their security votes into two and deploy...

0200 GMT RBNZ announcement and Monetary Policy Statement

0300GMT brings Governor Orr’s press conference

Consensus expectation is for the Bank to leave the cash rate (OCR) at 0.25%. At its March meeting the Bank said:

  • the OCR “will remain at this level for at least the next 12 months”

There will be a focus on whether the RBNZ has changed this view. The Bank may hint rate cuts are still on the agenda ahead. 

On QE, there are expectations the prgramme size will be increased, from current 33bn NZD to around 60bn. 

RBNZ Monetary Policy Statement

See here for global coronavirus case data

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article

BLUBOX, Afrika Umoja Partner to Combat the Spread of COVID

June 18, 2020 Afrika Umoja is an official supplier of BLUBOX. BLUBOX is a designer and manufacturer of pathogen neutralizing equipment. All BLUBOX units are locally produced,...

Banks’ Profits Rise to N677bn Despite COVID

Obinna Chima Despite the economic...

Senator urges governors to cut security votes to tackle unemployment

SenateThe Senator representing Ondo South Senatorial District  Nicholas Tofowomo has urged state governors in Nigeria to cut their security votes into two and deploy...

CBN will continue monetary policy aimed at boosting stock market

Operators in the Nigerian hospitality industry have created opportunities for themselves amid the Covid-19 pandemic, in order to redefine value propositions and keep their...