The Reserve Bank of New Zealand’s (RBNZ) monetary policy decision was accompanied by the minutes of the meeting, which showed that board members will continue to provide additional stimulus as necessary. Additional points Policy will continue to provide support. Commodity prices robust, partially offset by higher NZ$. Committee directed RBNZ to actively prepare a package of additional monetary policy tools if needed. Committee agreed any future move to a lower or negative OCR, if complemented by a funding for lending programme, could provide an effective way to deliver stimulus. Central bank purchases could absorb a larger proportion of the total market than previously thought without affecting market functioning. Larger lsap programme would mean purchases could be front-loaded in order to put more downward pressure on wholesale interest rates. more to come … FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/NZD clocks fresh 22-month high above 1.09 after RBNZ FX Street 2 years The Reserve Bank of New Zealand’s (RBNZ) monetary policy decision was accompanied by the minutes of the meeting, which showed that board members will continue to provide additional stimulus as necessary. Additional points Policy will continue to provide support. Commodity prices robust, partially offset by higher NZ$. Committee directed RBNZ to actively prepare a package of additional monetary policy tools if needed. Committee agreed any future move to a lower or negative OCR, if complemented by a funding for lending programme, could provide an effective way to deliver stimulus. Central bank purchases could absorb a larger proportion of the total market than… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
