[Tree] Impact of RBNZ's decision to ease monetary policy restraint on inflation and the New Zealand economy

Version 0.31 (2024-08-14 03:12:28.213000)

updates: RBNZ eases monetary policy restraint by reducing the OCR to 5.25%

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Version 0.3 (2024-07-14 19:55:16.029000)

updates: Integration of information about uncertain monetary policy paths

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Version 0.29 (2024-07-13 18:57:51.265000)

updates: Inclusion of information about the upcoming inflation figures

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Version 0.28 (2024-07-10 03:58:26.912000)

updates: RBNZ keeps interest rates unchanged, expects progress in inflation

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Version 0.27 (2024-07-01 23:56:21.009000)

updates: The BNZ economists believe there is a 'very real' chance that the RBNZ will continue to be surprised by the strength of domestically sourced inflation. They hope the RBNZ will eventually accept that certain relative price increases, such as insurance and rates, can be 'looked through'. The RBNZ has made it clear that more progress needs to be made on the domestic inflation front. BNZ economists expect the RBNZ to keep the OCR unchanged in its next review on July 10 and to provide updated guidance on the easing track in November. They anticipate that the RBNZ will eventually lower the OCR, but only after certain conditions are met, including getting CPI inflation back under 3% and the US Federal Reserve beginning to ease. Other factors that will be considered include non-tradable inflation, fiscal policy, and productivity. BNZ economists also predict that unemployment will be a driver of OCR cuts, with the unemployment rate potentially rising faster and further than the RBNZ currently assumes.

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Version 0.26 (2024-07-01 23:55:44.964000)

updates: New Zealand business activity remains weak, inflation indicators improve

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Version 0.25 (2024-06-23 20:54:10.273000)

updates: Discussion of high domestic inflation in New Zealand and the RBNZ's approach to managing it

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Version 0.24 (2024-06-17 03:53:27.345000)

updates: New information on the weakening New Zealand economy and the potential for rate cuts by the RBNZ

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Version 0.23 (2024-06-02 20:54:28.402000)

updates: Integration of new information about the recent shift in sentiment towards the US dollar and the potential impact on the NZD/USD exchange rate

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Version 0.22 (2024-05-22 04:54:00.202000)

updates: RBNZ surprises with hawkish stance, potential rate increases

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Version 0.21 (2024-04-07 22:19:36.767000)

updates: Discussion of market interest rate pricing and RBNZ's potential actions

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Version 0.2 (2024-04-05 03:19:47.917000)

updates: Introduces the possibility of a series of quick interest rate cuts in New Zealand

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Version 0.19 (2024-04-04 22:20:15.556000)

updates: Speculation on rate cuts by RBNZ and other central banks

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Version 0.18 (2024-04-04 20:25:03.791000)

updates: The RBNZ is expected to keep interest rates unchanged, with a possible rate cut in Q3

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Version 0.17 (2024-02-20 10:19:03.485000)

updates: Speculation of rate hike by RBNZ amid New Zealand dollar's gain

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Version 0.16 (2024-02-19 04:19:05.309000)

updates: BNZ warns against rate hike, citing policy mistake

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Version 0.15 (2024-02-13 04:21:01.707000)

updates: Traders' bets on a rate hike by the RBNZ

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Version 0.14 (2024-02-13 04:20:44.112000)

updates: Traders betting on a possible rate hike by RBNZ despite low inflation expectations

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Version 0.13 (2024-01-29 22:27:27.486000)

updates: New information on RBNZ's view on inflation and interest rates

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Version 0.12 (2024-01-15 21:18:01.683000)

updates: Inclusion of bank economists' predictions on rate cuts

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Version 0.11 (2023-12-18 04:03:07.688000)

updates: RBNZ expected to keep rates unchanged in February

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Version 0.1 (2023-12-06 19:42:55.204000)

updates: Expert expects interest rates to continue rising in 2024, causing financial strain for New Zealanders

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Version 0.09 (2023-12-03 16:47:22.359000)

updates: Includes comments from RBNZ deputy governor and additional context on the New Zealand bond market

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Version 0.08 (2023-12-02 16:37:47.554000)

updates: Includes warning from RBNZ about potential impact of higher interest rates

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Version 0.07 (2023-11-29 09:36:54.528000)

updates: Includes information about the RBNZ's raised OCR track and its impact on the NZD

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Version 0.06 (2023-11-29 04:40:57.285000)

updates: RBNZ signals risk of rate hike, updates OCR forecasts

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Version 0.05 (2023-11-29 02:36:23.459000)

updates: Integration of additional information about the RBNZ's goal of controlling inflation and supporting sustainable employment

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Version 0.04 (2023-11-29 01:40:31.879000)

updates: RBNZ warns of possible rate hike in the future

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Version 0.03 (2023-11-27 20:39:47.574000)

updates: RBNZ may push back against easing bets

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Version 0.02 (2023-11-25 17:41:13.301000)

updates: Reserve Bank of New Zealand maintains OCR amid inflation concerns

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Version 0.01 (2023-11-24 02:11:15.307000)

updates: New Zealand government considering deeper reforms to RBNZ

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Version 0.0 (2023-11-20 03:25:12.417000)

updates:

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