Westpac forecast the RBNZ will take the NZ cash rate negative (next year)

Author: Eamonn Sheridan | Category: Central Banks

Reserve Bank of New Zealand  OCR will go negative in April of 2021 is the updated projection from WPAC.

WPAC had forecast a move to minus in November of this year
---
In the closer future .... at the meeting next month, June 2020, Westpac say the RBNZ will increase the size of its QE program to 70bn NZD 
  • June meeting is on the 24th


See here for global coronavirus case data
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose