Analysis: RBNZ’s Path Shows Interest Rate Swaps Preferred Unconve...
By Sophia Rodrigues
The Reserve Bank of New Zealand could use a different form of forward guidance before it pushes the official cash rate below zero but once it reaches that point interest rate swaps is likely to be its preferred unconv...
10 Mar 2020, 01:15 PMDid RBNZ Hint at Targeted Term Lending as Unconventional Monpol O...
By Sophia Rodrigues
The Reserve Bank of New Zealand may have dropped a hint on Monday that targeted term lending could be one of its preferred unconventional monetary policy measures to deal with the impact of coronavirus on the economy....
10 Mar 2020, 09:24 AMAnalysis: RBNZ’s Unconventional MonPol Options. Interest Rate Swa...
By Sophia Rodrigues
It’s been nearly two years since the Reserve Bank of New Zealand published a paper discussing a range of unconventional monetary policy options that it could use if the official cash rate fell to zero but so far...
05 Mar 2020, 03:58 PMClever 3-in-1 Communication From the RBNZ
By Sophia Rodrigues
The Reserve Bank of New Zealand issued an advisory this morning about an upcoming speech by Governor Adrian Orr on unconventional monetary policy. But in a very clever move, it turned the advisory into a statement aim...
04 Mar 2020, 10:29 AMAnalysis: RBNZ May Hold; Signal Easing Bias But Rate Cut Not Rule...
By Sophia Rodrigues
The Reserve Bank of New Zealand is likely to leave the official cash rate unchanged on Wednesday and signal an easing bias, though a 25 basis point rate cut cannot be completely ruled out.
While the RBNZ&rsq...
11 Feb 2020, 09:23 PMAnalysis: RBNZ Hawkesby on How Deeper Reading of Market Signals L...
By Sophia Rodrigues
Central banks are always interested in hearing from market about what they should do but might instead hear what they think the central bank “will do.” This could lead to a monetary policy error, unless th...
08 Nov 2019, 12:00 AM