ANZ forecast an RBNZ negative cash rate from April 2021

August 18, 2020 at 02:06AM

ANZ Reserve Bank of New Zealand  outlook:
– RBNZ has made it clear that a negative OCR is next 
– once QE has largely run its course
– We are forecasting a 50bp cut to -0.25% in April, strongly foreshadowed (if not promised) at the February MPS
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