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Reserve Bank tipped to hold steady in regular review

Photo: RNZ / Alexander Robertson The central bank is expected to hold its official cash rate at 0.25 percent, and leave other key policies - the Large Scale Asset Programme (LSAP) and Funding for Lending Programme (FLP) - unchanged, as it maintains its path of least regrets. "We expect a good deal of cut and paste from Februarys statement, in particular that the economy is still rather vulnerable and therefore monetary stimulus is still warranted, and if some of the downside risks come to fruit...
New Zealand Michael Gordon Sharon Zollner Funding For Lending Programme Large Scale Asset Programme Reserve Bank
Source: rnz.co.nz

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