Central bank speeches and press conferences · New Zealand
New Zealand RBNZ Silk Speech
The New Zealand RBNZ Silk Speech is a scheduled speech, press conference or appearance before lawmakers by a policymaker of the Reserve Bank of New Zealand.
- Importancia
- Medium
- Divisa
- NZD · New Zealand dollar
- Banco central
- The Reserve Bank of New Zealand
Últimas cifras
Aún no se muestran resultados de esta publicación. Aparecerán aquí en cuanto se publiquen.
Por qué importa
Policymakers use speeches to prepare markets for decisions. A governor or chair can move the New Zealand dollar and bond yields with a single sentence about the outlook for the official cash rate (OCR); members who vote on rates matter more than those who do not, and a change in a usually predictable speaker's tone matters most.
Cómo se calcula
There is no figure; what matters is whether the remarks change expectations for rates.
Qué significan los cambios
- Listen for the balance between inflation worries (hawkish) and growth or job worries (dovish).
- Prepared remarks are released at the start; the questions afterwards often carry the surprises.
- Testimony before parliament or congress is usually the most market-moving.
Una breve historia
For most of the 20th century central bankers said as little as possible; since the 1990s, communication and forward guidance have become policy tools in their own right.
New Zealand was the first country to adopt formal inflation targeting, in 1990.
Preguntas
What is the New Zealand RBNZ Silk Speech?
The New Zealand RBNZ Silk Speech is a scheduled speech, press conference or appearance before lawmakers by a policymaker of the Reserve Bank of New Zealand.
Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.