Reserve Bank of New Zealand monetary policy announcement is due at 0100GMT
Governor Orr will hold a press conference following from a local landscaping firm's parking lot (I made that location up, K?)
Consensus expectations, which seem likely indeed are for
- the cash rate (OCR),
- Large Scale Asset Purchase (LSAP)
- and forward guidance
to be left unchanged. However more detail is expected on the Bank's 'Funding for Lending Programme' (FLP) - cheap funding for banks.
Earlier:
I'll post up further previews in the days ahead.
