Scoop has an Ethical Paywall
BNZ Weekly Overview, 20 April
Welcome to the April 20 edition of the BNZ Weekly Overview.
The New Zealand dollar has risen slightly over the past week while wholesale interest rates have crept up with a significant cause for both moves being the markets becoming less optimistic about the timing of the Reserve Bank easing monetary policy. More participants are increasingly swinging around to our view that there is no scope to ease monetary policy until extremely late this year. The inflation numbers released this week were bang on expectations but show that the impact of the falling New Zealand dollar has yet to feed through and of course with petrol prices rising strongly in the past few days inflation is going to receive an extra boost.
Best regards
Tony Alexander
Chief Economist
See... BNZ Weekly Overview 20 April 2006
ENDS
Fix & Fogg: NASA Hand-picks Kiwi Nut Butter Brand To Travel To Space In NZ First
Citizens of the Sea: Sailors To Revolutionise Our Understanding Of Pacific Biodiversity
Netsafe: Making A Splash With Online Safety: Netsafe Launches New Flagship Programme For Kids
NZGBC: Flood Resilience PhD Student Widi Auliagisni Named Future Thinker Of The Year 2024
Business Canterbury: European Free Trade Agreement A Game-changer For Canterbury
Business Canterbury: Urges Council To Cut Costs, Not Ambition For City
