
The Markets
Market ‘perfectly priced’ for placeholder monetary review
Wednesday 14th of April 2021
Kiwi Bank chief economist Jarrod Kerr said interest rate markets are perfectly priced for the central bank’s predictable ‘least regrets’ approach.
“Today’s ‘review’ was nothing more than a stepping-stone ahead of the full May statement,” he said in a note.
Even so, currency traders reacted positively to the RBNZ’s short state...
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