Robin Clements Quotes (10 Quotes)

It will add to the picture, in my view, that they will not need to do any more tightening.

Growth is expected to slow further, with a recession possible.

Despite the protests of politicians and some business people that we were nowhere near recession, obviously we're very close. I think the bank will ease, and the market will undoubtedly move to price it in earlier.

Stockprices can go up as far as the moon.

With some speculation that the RBNZ could have moved by 50 basis points, the end result was a market reaction consistent with an element of relief,

The oil price spike raises the risk that the rate cut may have to be pushed out to the middle of the year.

As of today, petrol prices at the pump are 14 per cent above the March quarter average.

With the likelihood that the Reserve Bank will be easing sooner rather than later, and other parts of the world actually raising rates, the pressure's going to remain on the currency.

We need to see imports soften off if we are ever going to solve the current account deficit problem. That's why we've seen the currency respond to the wider deficit. It's worrying that the current account deficit will stay large.

It's not good news and adds to likelihood the current account is going to deteriorate further and cast a shadow over the currency,