NZD/USD traded higher on the inflation-fighting RBNZ statement ...Middle East

The post on the decision is here:Reserve Bank of New Zealand leaves it cash rate at 5.5%, as widely expectedOf importance was this from the Bank:Committee is confident that ain'taining the OCR at a restrictive level for a sustained period will return consumer price inflation to within the 1 to 3 percent target range this calendar yearBolding is mine.NZD/USD popped up but has since come back to be little changed as I up Don't forget the RBNZ no longer has a full employment man New Zealand's new government now requires the RBNZ to focus solely on inflation. This article was written by Eamonn Sheridan at www.forexlive.com.

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Last updated : 10 April 2024 clock 05:25 AM

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NZD/USD traded higher on the inflation-fighting RBNZ statement ...Middle East

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