RBNZ Preview: Expect QE Size Expansion and More Discussion on Negative Rates

<p>We expect RBNZ to leave the OCR unchanged at 0.25% this week. It will likely increase the size of the Large-Scale Asset Purchase (LSAP) Program (QE) to NZD 80-90B from the current NZD 60B. The accompanying statement would contain a dovish tone, with policymakers discussing more alternative policy tools to stimulate the economy. Recording no […]</p>
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