In the view of the Barclays analysts, the Reserve Bank of New Zealand (RBNZ) is likely to disappoint the hawks by hinting towards a looser monetary policy next week. Key Quotes: “We think the argument for looser policy is building and the RBNZ may struggle to maintain its neutral policy tone at its 27 March meeting, encouraging markets to price further easing and sell NZD before then. The output gap likely became negative in H2 18 and headline (1.9% y/y) and core inflation (1.7%) sit below the 2% midpoint of the RBNZ’s 1-3% inflation target band. We are skeptical of the RBNZ’s view that New Zealand activity will pick up sufficiently (i.e., to 3% y/y) such that an increasingly positive output gap offsets concern that falling headline inflation (likely to bottom at 1.2% y/y in Q3) will lower already-subdued inflation expectations (one-year ahead expectations were 1.8% y/y in Q1).” 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 Tezos beats the market with a 13% growth after “historic” voting FX Street 4 years In the view of the Barclays analysts, the Reserve Bank of New Zealand (RBNZ) is likely to disappoint the hawks by hinting towards a looser monetary policy next week. Key Quotes: "We think the argument for looser policy is building and the RBNZ may struggle to maintain its neutral policy tone at its 27 March meeting, encouraging markets to price further easing and sell NZD before then. The output gap likely became negative in H2 18 and headline (1.9% y/y) and core inflation (1.7%) sit below the 2% midpoint of the RBNZ's 1-3% inflation target band. We are… 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.