The latest Reuters poll of 13 economists showed that all of them believe the Reserve Bank of New Zealand (RBNZ) will keep the key rates on-hold but may expand the QE programme at its monetary policy meeting next week. Key findings “Economists polled by Reuters predict the official cash rate (OCR) will remain unchanged at 0.25% this year, and just three see rates dropping into negative territory in 2021. Markets expect the Reserve Bank of New Zealand (RBNZ) to stick to a dovish tone by expanding quantitative easing (QE) beyond the current NZ$60 billion ($40.13 billion) and keep alternative monetary policy tools, including negative rates, firmly on the table. But unknowns remain, with the borders still shut, hurting New Zealand’s large tourism industry, and fears of a second wave of cases looming. The government expects the unemployment rate to rise in the coming months.” 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 Bitcoin Price Prediction: BTC/USD facing the ultimate resistance at $11,899 – Confluence Detector FX Street 2 years The latest Reuters poll of 13 economists showed that all of them believe the Reserve Bank of New Zealand (RBNZ) will keep the key rates on-hold but may expand the QE programme at its monetary policy meeting next week. Key findings “Economists polled by Reuters predict the official cash rate (OCR) will remain unchanged at 0.25% this year, and just three see rates dropping into negative territory in 2021. Markets expect the Reserve Bank of New Zealand (RBNZ) to stick to a dovish tone by expanding quantitative easing (QE) beyond the current NZ$60 billion ($40.13 billion) and keep alternative monetary… 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.
