Economic Weekly: Monetary and fiscal policy to dominate the rest of the month

  • The RBNZ releases its Monetary Policy Statement on Wednesday at 2pm
  • After the RBNZ calmed the waters in February over the (low) likelihood of further OCR increases, the significance of each policy decision by the RBNZ has moved back to the signals it gives about how long it will wait until cutting the OCR
  • Over the February and April decisions the RBNZ proved tolerant of surprises on either direction

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Mark Smith

Senior Economist

Mark joined ASB in 2017, with over 20 years of public and private sector experience working as an economist in New Zealand and the UK.

His resume includes lengthy stints at ANZ and the Reserve Bank of New Zealand, and he has also worked at the Bank of England, HM Treasury and the New Zealand Transport Agency. Mark's areas of specialisation include interest rate strategy, macro-economic analysis and urban economics.

Born and bred in the Waikato, Mark studied at Waikato University where he graduated with a Master of Social Sciences, majoring in Economics.

Mark's key strengths are the ability to use his extensive experience, inquisitive nature, analytical ability, creativity and pragmatism to dig a little deeper and to deliver common sense solutions to tackle complex problems.

When not at work Mark likes to travel, keep fit and spend time with his friends and family.