RBNZ says expects future headline inflation to reach the midpoint of the target band over the medium term

Market news

22 June 2017

RBNZ says expects future headline inflation to reach the midpoint of the target band over the medium term

Q1 GDP was lower than expected
Lower NZD would help rebalance growth
Monetary policy will remain accommodative for a considerable period
Longer-term inflation expectations remain well-anchored at around 2 pct

Options levels on thursday,, June 22, 2017

Liquidity levels in China's banking system currently very high due to high fiscal expenditure in the past few days - Industry sources

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