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...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.