When it releases its monetary policy statement on Thursday the Reserve Bank is expected to turn up the volume on its warning that it is preparing to remove the support of ultra-low interest rates in place since the recession.
Financial markets have fully priced in a rise in the official cash rate from 2.5 per cent to 2.75 per cent by the end of March and at least a full percentage point by this time next year, with more to come beyond that, and a Reuters poll of 16 banks and other economic forecasters found 12 of them expect the first increase in the OCR in the March quarter next year.
................作者: 我不是YY帝 时间: 2013-12-9 08:05:09
还是认为4月以后才提的可能性大。。。。。。。
"The New Zealand dollar is very high, but history shows that if you become too fearful of it, and end up behind the curve as a result, the currency can be perceived as a one-way bet for carry traders. The OCR and the currency can end up overshooting further than if the bullet had been bitten earlier on."
Previous Reserve Bank governor Alan Bollard made it clear early on he would rather take a risk on inflation than growth and failed to get his inflation-fighting credentials established early, Bagrie said.作者: klwss 时间: 2013-12-9 08:22:16
