New Zealand's central bank is likely to hold rates steady at its policy meeting on Wednesday amid signs of improvement in the economy, and is expected to lay out its plans for future policy action to soften the impact from the pandemic.
WELLINGTON - New Zealand’s central bank is likely to hold rates steady at its policy meeting on Wednesday amid signs of improvement in the economy, and is expected to lay out its plans for future policy action to soften the impact from the pandemic.
New Zealand shocked markets with a 75 basis point cut in March as the coronavirus surfaced in the country, but has left it unchanged since, with the health crisis quickly controlled and restrictions on the economy were lifted. “But the RBNZ’s sentiment suggests they are willing to do much more beyond QE if required,” she said, adding that QE could be increased to NZ$90 billion over 18 months.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Renters at Risk: New York Eviction Ban to Expire After WednesdayGov. Andrew Cuomo’s temporary ban on most residential evictions in New York expires after Wednesday, but tenants missing rent payments during the pandemic are still protected if they can show financial hardship in court.
Weiterlesen »
Homemade bombs damage ATM at New Zealand mallWELLINGTON, New Zealand (AP) — Would-be thieves apparently detonated two homemade bombs at a New Zealand mall ATM early Thursday and left other unexploded bombs behind, according to...
Weiterlesen »
Quibi Tests a Free Version in Australia and New ZealandQuibi is testing a free version in Australia and New Zealand as the fledgling short-form video streaming service seeks to expand internationally and grow users after a difficult start.
Weiterlesen »
New Zealand man appeals guilt in British backpacker slayingA New Zealand man found guilty of murdering a British backpacker appeals his conviction and punishment, with his new lawyer arguing he didn't get a fair trial and his sentence was too harsh, nickgbperry reports.
Weiterlesen »
There’s a New Quarantine Sheriff in Town, as New York Ramps Up ComplianceThe sheriff’s office of New York City is assuming new duties to control the spread of the coronavirus pandemic to ensure compliance with quarantine orders applying to out-of-state visitors.
Weiterlesen »
'Nothing Feels Tangible': Virtual Is New Reality For Grads Starting New JobsJob postings for entry-level positions fell by 73%, compared with before COVID-19 hit. And openings for internships are down 83%. For those in the class of 2020 who have actually landed jobs — it's often been a strange journey.
Weiterlesen »