The Reserve Bank of New Zealand’s Monetary Policy Statement (MPS) is always closely reviewed by Become Wealth's financial advisers. The MPS is a quarterly assessment by our Reserve Bank of what they believe is happening in NZ, internationally, and the impact upon our financial stability.
The February 2017 MPS signals a ‘steady as she goes’ approach for the remainder of this year. However, the RBNZ does highlight a number of clouds on the horizon.
For a more detailed insight as to what all this might mean for you and your longer term savings, feel free to contact our team.