The Reserve Bank of New Zealand (RBNZ) will announce its monetary policy decision on Wednesday, August 17 at 02:00 GMT. After July’s central bank meeting, the RBNZ hinted at concerns about slowing growth. Even heading into July’s meeting, the Bank of New Zealand head of research warned that the latest …
Read More »RBNZ expected to decide 50bps hike in August
The Reserve Bank of New Zealand is expected to stick to its hawkish stance and go on with a fourth straight half-point rate hike, in August, continuing its most aggressive tightening in over two decades in an attempt to control the country’s stubbornly-high inflation,” as per the latest Reuters poll …
Read More »Japan Manufacturers’ Mood Sinks In February
As per the latest Reuters Tankan poll, published early Wednesday morning in Asia, “Japanese manufacturers’ business confidence fell to an 11-month low in February as measures to contain the pandemic and high raw material costs hurt sentiment”, while USD/JPY remains sidelined around 115.60, after mildly positive performances in the last …
Read More »Poll: Fed to lift rates in Q3 2022,
Reuters’ survey of economists cites persistently higher inflation to mark the shift in expectations for lift-off to Q3 from Q4 next year. Even so, “Rising COVID-19 cases around the world and the emergence of the Omicron coronavirus variant, along with renewed restrictions in some countries underscore that the pandemic is …
Read More »