EVENT OF THE DAY: The decision of the Reserve Bank of New Zealand! - Ester Holdings

EVENT OF THE DAY: The decision of the Reserve Bank of New Zealand!

Dear traders,

Today, at 22:00 (Kyiv) will be the announcement of the decision of the Reserve Bank of New Zealand on interest rate.

Most market analysts predict that for the eighth consecutive time the central bank of New Zealand will keep the interest rate at the current record low level of 1.75%.

The current manager of the Reserve Bank of New Zealand, Grant Spencer will hold a press conference. The former vice-chairman and chief economist of the Reserve Bank of New Zealand, Adrian Orr, will assume the post of head of the central bank of New Zealand on March 27.

The low level of inflation kept the Reserve Bank of New Zealand from raising the interest rate despite stable economic growth and improvement of the situation in the labor market.

Do not miss the opportunity to make money on the news!


We would like to remind you that you can always get acquainted with the upcoming news in the Economic Calendar, and in the Analytics section there are technical analysisexperts’ opinions and news feed!

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