Qingdao International Nonferrous Metals Handling Fee Account Opening

Qingdao International Nonferrous Metals Trading Center, asphalt, copper, aluminum nickel, Qingguo Bank, ICBC custody, phone QQ: membership recruitment, agency, account opening, investment, high rebate Qingdao International Platform Information: At the monthly meeting, the New Zealand Federal Reserve maintained The policy rate was unchanged at .%, while maintaining an accommodative policy bias. The Fed said at the time that current forecasts and assumptions indicate that further policy easing is needed to ensure that future inflation can move toward the mid-range of the target range.
Since the last meeting, economic data has shown solid economic growth in New Zealand, with strong consumer demand and employment. On the inflation front, however, there are few signs that inflation is starting to pick up. New Zealand's inflation, wage growth and inflation expectations all remain low.
The New Zealand dollar's trade-weighted exchange rate continues to strengthen, further worsening the situation. Even though the Reserve Bank of New Zealand has cut interest rates twice since the beginning of the year, the New Zealand dollar remains close to its highest level this year.
The New Zealand dollar's trade-weighted exchange rate is just % below its annual record high, and the Reserve Bank of New Zealand has cut interest rates several times since then.
Obviously, the Reserve Bank of New Zealand is more worried about low inflation and has a strong desire to achieve its % inflation target.
As inflation in the third quarter was only .%, we believe that the New Zealand Reserve Bank will ignore various other strong signals of economic growth and choose to cut interest rates by 1 basis point at next week's meeting to force the inflation target to be approached faster.
The market generally expects the Reserve Bank of New Zealand to cut interest rates next week. The main focus then is likely to be the guidance provided by the RBNZ in its statement.
We believe that given the absence of inflationary pressures, the RBNZ may continue to signal further interest rate cuts in order to achieve its inflation target.
Even if the Reserve Bank of New Zealand does not cut interest rates next week, the New Zealand dollar may still move lower as long as it keeps the door open for further cuts.
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