RBNZ to remain on hold for the foreseeable future post-GDP - Westpac

Dhwani Mehta FXStreet

Following the release of stronger growth numbers from the NZ economy published earlier on the day, analysts at Westpac present their afterthoughts on the GDP figures.

Key Points:

Expects the Reserve Bank to remain on hold for the foreseeable future

“The slightly softer starting point for annual growth is balanced against the pick-up in momentum in the September quarter, leaving our outlook for capacity pressures broadly unchanged”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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