21 Jan 2014
Flash: RBNZ going to stick to their word?- BNZ
FXstreet.com (Guatemala) - Strategists at BNZ markets look at the RBNZ and conclude that they need to stick to their word.
Key Quotes:
“So, when we weigh everything up, we still come down on the side of the RBNZ having to adhere to its word, of leaving the start of its stimulus-removal campaign until its March Statement, where it can explain in full”.
“Still, this morning’s CPI outcome does suggest the odds of a January hike are not negligible, and have probably risen on the back today’s report”.
Key Quotes:
“So, when we weigh everything up, we still come down on the side of the RBNZ having to adhere to its word, of leaving the start of its stimulus-removal campaign until its March Statement, where it can explain in full”.
“Still, this morning’s CPI outcome does suggest the odds of a January hike are not negligible, and have probably risen on the back today’s report”.