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* LSAP retained at NZ$100 bln (Recasts with Governor Orr’s comments from press conference) WELLINGTON, Feb 24 (Reuters) - New Zealand’s central bank said on Wednesday it was in no rush to tighten monetary policy, after it kept interest rates at record lows and sounded a cautious note about the economic outlook. The Reserve Bank of New Zealand (RBNZ) said it did not expect to tighten settings until it was confident inflation was sustained at the 2% per annum target midpoint and employment was at maximum sustainable level. There was no specific date when that confidence would “magically a...

The Reserve Bank of New Zealand (RBNZ) is scheduled to announce its Monetary Policy Statement this Wednesday at 01:00 GMT while Governor Adrian Orr’s

Feb 21, 2021 23:02 GMTFXStreet News The New Zealand Institute of Economic Research has stated that it has once again revised the format of the views they are seeking from our Shadow Board on what the Reserve Bank should do with monetary policy. ”Given the Reserve Bank’s growing arsenal of monetary policy tools which includes the Official Cash Rate, quantitative easing, and Funding for Lending Programme, we decided to simply ask our Shadow Board on what stance the Reserve Bank should take 1) at the upcoming meeting, and 2) over the coming 12 months.” ”There was a wide range of views ...

2/15/2021 9:54:46 AM GMT Major central bank rundown The central banks are listed below with their current state of play. The link for each central bank is included in the title of the bank and the next scheduled meeting is in the title too. Reserve Bank of Australia, Governor Phillip Lowe, 0.10%, Meets 02 March The Reserve Bank of Australia met on February the 02 and delivered a surprise to the markets. They kept the interest rate and the 3yr bond yield target unchanged at 0.10%. This was as expected. Like December’s meeting the RBA noted that the recent economic recovery had been based on ...

The bank credited a strong economic rebound after Covid-19 lockdowns for the modest lift.