21 Jan 2014
Flash: NZD – what is in the price? – Rabobank
FXstreet.com (Guatemala) - Jane Foley, Senior Currency Strategist at Rabobank, said there is no argument over the fact that the RBNZ has been positioning itself for a rate hike in the coming months.
Key Quotes:
“The only real uncertainty is whether the RBNZ is confident enough to hike rates at its next policy meeting on January 29 or whether it will give itself a little further time”.
“The statement that accompanied the RBNZ’s last policy decision on December 12stated that “the Bank will increase the OCR as needed in order to keep future average inflation near the 2 percent target midpoint”.
Key Quotes:
“The only real uncertainty is whether the RBNZ is confident enough to hike rates at its next policy meeting on January 29 or whether it will give itself a little further time”.
“The statement that accompanied the RBNZ’s last policy decision on December 12stated that “the Bank will increase the OCR as needed in order to keep future average inflation near the 2 percent target midpoint”.