Flash Review: RBNZ Postpones Its Rate Hike After The Government Suddenly Imposes A New Lockdown

By Brunello Rosa and Fawaz Al Mughrabi

19 August 2021

In this paper we discuss:

  • The RBNZ latest assessment of economic conditions in New Zealand;
  • What the Reserve Bank of New Zealand decided at its August policy meeting and could do in coming months;
  • How RBNZ's forward guidance changed in August.
  • How the RBNZ altered its growth, inflation and OCR forecasts in August; and
  • The market implications of all the above.

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