From now on we Elev8
We're more than just a broker. We're an all-in-one trading ecosystem—everything you need to analyse, trade, and grow is in one place. Ready to elevate your trading?
Trading news
24 Jan 2020
RBNZ to keep rates on hold this year – Standard Chartered
The Standard Chartered analysts offer their outlook on the Reserve Bank of New Zealand (RBNZ) monetary policy in the year ahead.
Key Quotes:
“RBNZ is likely to keep the policy rate in 2020 on hold while maintaining an easing bias
Government fiscal policy will spur growth in conjunction with already accommodative monetary policy settings
We expect GDP growth to remain stable at 2.3% in 2020; services to recover from a lackluster 2019.”