RBNZ keeps easing bias as analysts see inflation as the future battle ground
- Thursday, 28 January 2016
The Reserve Bank of New Zealand kept the official cash rate (OCR) on hold – at 2.5 per cent – at its January monetary policy meeting, while ramping up its easing bias. Analyst views are divided when it comes to the reserve bank's inflation view, as some see inflation as a clear drag on the OCR while others read into the post-decision statement a degree of comfort with core inflation.
