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July 30 OCR Preview: RBNZ to Remain on Hold, Drop Easing Bias

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jul 26, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    RBNZ Governor Bollard's speech on 14 July, simply titled "Economic Recovery", gives a clear indication of what to expect from next Thursday's OCR review. Compared to the June Monetary Policy Statement, the RBNZ appears more confident that the global economy is stabilising and that New Zealand is entering the recovery...

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