MPS nxt week. It will be interesting to see if it’s Adrian’s show or will the new Monetary Policy Committee have some input?
An OCR cut looks on the card next week .....but is this laying the foundations for what happened when the then Governor went on a misguided pro growth strategy only resulting in a series of rate hikes and a recession?
I reckon RBNZ not giving likely wage inflation sufficient consideration in their thinking
Only time to tell.