Monthly Archives: March 2017

RBNZ holds rates at 1.75%

The Reserve Bank of New Zealand left the Official Cash Rate (OCR) unchanged at 1.75%. Statement by Reserve Bank Governor Wheeler: Macroeconomic indicators in advanced economies have been positive over the past two months.  However, major challenges remain with on-going surplus capacity in the global economy and extensive geo-political uncertainty. Global headline inflation has increased, partly due to a rise

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The FED hike rates to range of 0.75-1.00%

Prior was 0.50%-0.75% Policy to support sustained return to 2% inflation Repeats labor market strengthening, job gains solid Business investment appears to have firmed somewhat Rate hikes to be ‘gradual’, that’s a small change from ‘only gradual’ previously Repeats that near-term risks to outlook ‘roughly balanced’ Excluding food and energy, inflation is still below 2% FOMC Statement from the Federal Reserve

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