New Zealand's Kiwibank no longer expects the RBNZ to take rates negative

Author: Eamonn Sheridan | Category: Central Banks

Analysts at the bank see the Reserve Bank of New Zealand on hold until well into 2022 

The current NZ cash rate is 0.25%

Says that the RBNZ's dual mandates are far from being met, but:
  • rampant advances in the housing market
  • Q4 CPI much stronger than we, and the market, had expected
Info via Bloomberg 
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