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Kiwi on demand after RBNZ considers new government policies "uncertain"

NZDUSD News by Newsroom on 18:07 November 08, 2017 EST

The Reserve Bank of New Zealand said on Thursday that the impact of the policies of the new Labour-led government was "very uncertain," but that the prospect of greater fiscal stimulus led the bank to sound upbeat on growth going forward.

The central bank ketp interest rates at its record low of 1.75 percent, as expected. It projected a possible rise in rates in June 2019, three months earlier than in the August monetary policy statement.



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