Monetary Policy Statement

The New Zealand Reserve Bank publishes its Monetary Policy Statement (MPS) quarterly. Each Monetary Policy Statement must set out: how the Reserve Bank proposes to achieve its targets; how it proposes to formulate and implement monetary policy during the next five years; and how monetary policy has been implemented since the last Monetary Policy Statement.

Most recent - Wednesday 28 February 2024 01:00

Trading range

Past events

Date
Wednesday 28 February 2024 01:00
Wednesday 4 October 2023 01:00
Wednesday 16 August 2023 02:00
Wednesday 12 July 2023 02:00
Wednesday 24 May 2023 02:00
Wednesday 22 February 2023 01:00
Wednesday 23 November 2022 01:00
Wednesday 17 August 2022 02:00
Wednesday 25 May 2022 02:00
Wednesday 23 February 2022 01:00

Economic context

Recent economic data has been moderately bullish for NZD. The following recent announcements may affect the market reaction to Monetary Policy Statement :

PreviousLatest
Building Permits s.a. (MoM)Bearish change2.4%-5.2%
RBNZ Interest Rate DecisionBearish change4.75%4.25%
ExportsBullish change$4.91B$5.77B
ImportsBullish change$7.06B$7.31B
Trade Balance NZD (YoY)Bullish change$-9.15B$-8.96B
Retail Sales (QoQ)Bullish change-1.2%-0.1%
Retail Sales ex Autos (QoQ)Bullish change-1%-0.8%

About Monetary Policy Statement

Country:New Zealand
Currency:NZD
Source:Reserve Bank of New Zealand
Category:Central Banks
Frequency:Irregular

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