ING previewing the Reserve Bank of New Zealand meeting on Wednesday 14 August, this the bottom line:It is a very close call, and consensus is split between a 25bp cut and a hold by the Reserve Bank of New Zealand on 14 August. However, we are inclined to think the RBNZ may still prefer to wait for the Fed to move first amid lingering non-tradable inflation concerns, and perhaps deliver a 50bp cut in October. The alternative scenario is probably a “hawkish” cutI thought this was a good point, and may swing the Bank to cut:Some analysts see the fact that the next RBNZ meeting is only on 9 October as an incentive to start cutting now, before the Fed delivers its largely anticipated first cut in
Hence then, the article about reserve bank of new zealand interest rate decision a very close call why they could cut was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Reserve Bank of New Zealand interest rate decision a very close call - why they could cut )