RBNZ assuming economy to slow - ANZ

FXStreet (Guatemala) - Analysts at ANZ explained that the Reserve Bank’s June Monetary Policy Statement was predicated on the economy starting to slow over the second half of this year.

Key Quotes:

“We still believe this to be a brave assumption. However, we would also admit that the risks of the Bank’s track being overtaken by events have probably come off a bit over the last couple of months. A case of less upside risk to growth and inflation, as far as we see it”.