The Reserve Bank of New Zealand’s (RBNZ) monetary policy decision was accompanied by the minutes of the meeting, which showed that board members will continue to provide additional stimulus as necessary.
Additional points
Policy will continue to provide support.
Commodity prices robust, partially offset by higher NZ$.
Committee directed RBNZ to actively prepare a package of additional monetary policy tools if needed.
Committee agreed any future move to a lower or negative OCR, if complemented by a funding for lending programme, could provide an effective way to deliver stimulus.
Central bank purchases could absorb a larger proportion of the total market than previously thought without affecting market functioning.
Larger LSAP programme would mean purchases could be front-loaded in order to put more downward pressure on wholesale interest rates.
Expanding the LSAP programme with the aim of adding more stimulus by lowering retail interest rates and the exchange rate.
Committee expressed a preference for considering a package of a negative OCR and a ‘funding for lending programme’.
Committee agreed further monetary stimulus needed to achieve its remit objectives.
-
NZD/USD bears attack 0.6500 as RBNZ leaves cash rate unchanged, boosts QE
원저자가 모두 저작권을 보유한 FXStreet에서 재 인쇄 함.
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.