Here is the schedule of RBNZ Governor Orr’s speaking appointments in the days following the February 28 policy announcement:
Thursday, 29 February 2024Governor Adrian OrrRadio NZ- Morning Report 6-9am. (Business News 6.53am & pre-recorded interview.)TVNZ Breakfast – 6.30-7am.Newstalk ZB – 7.30- 8am.Bloomberg TV- Daybreak Asia – 1- 1.30pm NZ time.MPC members will also attend the Finance and Expenditure Select Committee hearing from 8am to 9am.Friday, 1 March – speech reminderGovernor Adrian OrrSpeech to Business Canterbury in Christchurch – 1 – 2pmMr Orr will use presentation slides from the next Monetary Policy Statement, due to be published on 28 February 2024. He will speak for up to 30 minutes, with time for questions after his presentation.There are no published speaking notes. The event is not being livestreamed.
Info above comes from the RBNZ.
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Just thinking out loud here, but if the RBNZ was going to ramp up its cash rate, as ANZ and TD both expect (other analysts I’ve seen are exp[ecting on hold) it would make perfect sense to storm the media with interviews like this. And then head safely off to a bunker at an undisclosed location perhaps.
Earlier:
- ASB says RBNZ interest rate hike next week is a real possibility – sees a November cut
- RBNZ meet next week, their bark is likely to be worse than their bite – no hike expected
- Reserve Bank of New Zealand meet this week (Feb 28) – preview
2pm New Zealand time on the 28th is:
- 0100 GMT on the 28th
- 1900 US Eastern time (on the 27th)
This article was written by Eamonn Sheridan at www.forexlive.com. Source