-
Prolonged Monetary Stimulus Necessary
Welcome all. The Monetary Policy Committee agreed to maintain the current stimulatory level of monetary settings in order to meet its consumer price inflation and employment remit. The Committee will keep the Official Cash Rate (OCR) at 0.25 percent, and the Large Scale Asset Purchase (LSAP) Programme of up to $100 billion and the Funding for Lending Programme (FLP) operation unchanged. Global economic activity has increased since the November Monetary Policy Statement. However, this lift in activity has been uneven both between and within countries. The initiation of global COVID-19 vaccination programmes is ... (full story)
-
RBNZ Leaves Official Cash Rate Unchanged At 0.25% As Expected
— LiveSquawk (@LiveSquawk) February 24, 2021
-
RBNZ SAYS LARGE SCALE ASSET PURCHASE PROGRAMME MAINTAINS AT NZ$100 BLN #News #Forex #RBNZ
— Capital Hungry (@Capital_Hungry) February 24, 2021
-
Monetary Policy Statement February 2021
The Monetary Policy Committee’s (MPC) monetary policy strategy is its overarching plan for how it will formulate monetary policy under different circumstances to achieve its objectives.1 It outlines a consistent approach to how the MPC intends to achieve its objectives across time, accounting for trade-offs and uncertainty. Agreeing on and publishing a strategy promotes transparency, public understanding, and accountability. Monetary policy framework and objectives Under the Reserve Bank of New Zealand Act 1989 (the Act), the MPC is responsible for formulating monetary policy to maintain a stable general level of ... (full story)
- Comments
- Subscribe
-
- Older Stories
-
From abs.gov.au|Feb 23, 2021Key statistics: In December quarter 2020 the seasonally adjusted WPI: • Rose 0.6%. • Rose 1.4% over the year. • For the private sector rose 0.7% and for the public sector rose ...
-
From whitehouse.gov|Feb 23, 2021The United States and Canada share a unique bond. As friends, neighbors, NATO Allies and partners, this relationship is deeply rooted in our shared values, our shared history and ...
-
From youtube.com|Feb 23, 2021Join Dave Lerman, Director of Education at CME Group, for a Trader’s Edge video featuring copper options’ fundamentals, implied volatility, strike prices, and more.
-
- Newer Stories
-
From @LiveSquawk|Feb 23, 2021tweet at 8:15pm: PBOC Fixes Yuan Mid-Point Against The Dollar At 6.4615 (est 6.4612; prev 6.4516)
-
From nzherald.co.nz|Feb 23, 2021The Reserve Bank has left the Official Cash Rate on hold at 0.25 per cent in its first Monetary Policy Statement for the year. In the statement, released at 2pm, Reserve Bank ...
-
From rbnz.govt.nz|Feb 23, 2021Monetary Policy Statement on 24 February 2021
- Story Stats
- Posted: Feb 23, 2021 8:00pm
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 3,171
- Linked events:
