OtherIMPORTANT
RBNZ Governor Breman says expect economic growth to strengthen and broaden, also notes that OCR projections are relatively inline with prior forecasts
StockNow breaking-news AI analysis
RBNZ Governor Breman stated that policy remains accommodative while moving towards neutral. Further OCR hikes are likely, growth is expected to strengthen, and projections align with previous forecasts.
News detail
Says: Moving OCR up towards neutral and is still accommodative. May need to take some time to assess stance of policy. Not on a preset course and rate hike timing is highly uncertain. Election does not come into our policy decision. Likely there will be a further OCR increase and will assess the impact of hikes already done.
What do investors think?
Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactionsStockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.