RBNZ Monetary Policy Review

At each of the Reserve Bank of New Zealand (RBNZ) seven meetings, the RBNZ’s Monetary Policy Committee (MPC) publishes the Monetary Policy Review (MPR), which gives an interim update on the monetary policy outlook and settings. The review may influence the volatility of the New Zealand Dollar (NZD) and determine a short-term positive or negative trend. A hawkish view is considered bullish for NZD, whereas a dovish view is considered bearish.