RBNZ Governor Orr guidelines out additional 50bp price cuts (until there’s an financial shock)
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RBNZ Governor Orr says that there must be an financial shock to chop by 50bp once more.
Not a shock. Yesterday’s steerage from the Financial institution indicated 25bp price cuts forward.
Extra on the Financial institution’s resolution will be discovered right here:
- ForexLive Asia-Pacific FX information wrap: RBNZ’s third consecutive 50bp price lower, NZD larger
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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