RBNZ Pledged to Expand QE and other Stimulus if Needed, as Risk to Outlook Skewed to Downside

<p>As widely anticipated, RBNZ left the OCR unchanged at 0.25%. The size of QE also stays unchanged at NZD60B. Policymakers acknowledged that the spread ofcoronavirus is under control in the country for now. They also saw reasons for being more confident about the economic outlook. Yet, the central bank cautioned about the “significant economic challenges” […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/central-bank-analysis/305649-rbnz-pledged-to-expand-qe-and-other-stimulus-if-needed-as-risk-to-outlook-skewed-to-downside/">RBNZ Pledged to Expand QE and other Stimulus if Needed, as Risk to Outlook Skewed to Downside</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>