Standard Chartered on the Reserve Bank of New Zealand
These comments are from earlier in the week I hadn't posted:
- RBNZ is likely to keep the policy rate in 2020 on hold
- while maintaining an easing bias
Stan Chart say 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.