Economist at UOB Group Lee Sue Ann believes the RBNZ will keep the policy rate unchanged at 1.0% at its February meeting. Key Quotes “The latest 4Q19 inflation numbers would add some cheer to the RBNZ. At 1.9%, inflation is very near the midpoint of the 1%-3% target band. The RBNZ had forecast a quarterly increase of 0.2% in its November monetary policy statement, which would have taken the annual rate to 1.6%. We expect the upside surprise will allow the RBNZ to sit tight when it releases its next monetary policy statement on 12 February.” 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 GBP/JPY Price Analysis: Bearish head & shoulders pattern spotted on hourly charts FX Street 2 years Economist at UOB Group Lee Sue Ann believes the RBNZ will keep the policy rate unchanged at 1.0% at its February meeting. Key Quotes “The latest 4Q19 inflation numbers would add some cheer to the RBNZ. At 1.9%, inflation is very near the midpoint of the 1%-3% target band. The RBNZ had forecast a quarterly increase of 0.2% in its November monetary policy statement, which would have taken the annual rate to 1.6%. We expect the upside surprise will allow the RBNZ to sit tight when it releases its next monetary policy statement on 12 February.” 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.
