Scoop has an Ethical Paywall
October 25th Edition Of The BNZ Weekly Overview.
October 25th Edition Of The BNZ Weekly Overview.
As expected the Reserve Bank left monetary policy unchanged this morning but released a relatively strong warning about the inflationary and interest rate implications of easing fiscal policy. Given that ahead of the election such an easing is guaranteed optimism by borrowers regarding New Zealand interest rates does not appear remotely justified. The Kiwi dollar has changed by little over the week though has fallen to a one-year low below 84.0 cents against the Aussie currency with interest rates across the ditch highly likely to be raised in two weeks time because of inflation concerns.
Click For BNZ Weekly Overview In PDF
Format
http://img.scoop.co.nz/media/pdfs/0710/WOOct25.pdf
Tony Alexander
Chief Economist
Bank Of New
Zealand
NZAS: New Zealand Association Of Scientists Awards Celebrate The Achievements Of Scientists And Our Science System
Stats NZ: Retail Spending Flat In The September 2024 Quarter
Antarctica New Zealand: International Team Launch Second Attempt To Drill Deep For Antarctic Climate Clues
Vegetables New Zealand: Asparagus Season In Full Flight: Get It While You Still Can 
Bill Bennett: Download Weekly - How would NZ telecoms cope with another cyclone
NZ On Air: Firm Audience Favourites Lead NZ On Air Non-Fiction Funding
