RBNZ monetary policy decision surprises markets LeapRate

RBNZ monetary policy decision surprises markets

Although aligned with market forecasts, some predicted interest rate hikes. Adrian Orr, the governor of the RBNZ, commented that it is important to manage constant inflation pressures to achieve the 2% inflation target in the local economy. This more dovish outlook instigated a rally in bonds and a selloff in the New Zealand dollar. By…

November 04, 2016 BY Valentina Kirilova

Minister announces more funding for New Zealand's financial markets authority work

The FMA has acknowledged the announcement by Commerce and Consumer Affairs Minister Paul Goldsmith of government approval to increase FMA funding. The Government has approved an increase in funding of $9.8 million. While the Crown and levy payers will continue to share the costs of funding the FMA, this increase has been made possible by…

Tag: New Zealand financial market

RBNZ monetary policy decision surprises markets

Minister announces more funding for New Zealand's financial markets authority work

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