The IMF on New Zealand ahead of the Reserve Bank of New Zealand policy decision today
- says downside risks to New Zealand's growth outlook have increased but it has policy space to respond should risks materialize
- NZ economic expansion is solid, but lost momentum recently
- NZ current monetary policy stance fits subdued inflation conditions
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ps. Previews of the RBNZ:
- NZD traders - RBNZ monetary policy announcement due tomorrow - preview
- RBNZ monetary policy meeting preview - BNZ says cash rate on hold
- NZD traders - RBNZ preview - poll says on hold
- NZIER says RBNZ cash rate should remain on hold this week
Those were the days ….
