RBNZ monetary policy meeting - Reuters poll is not clear cut, 19 say hold, 12 say 25bp cut ...Middle East

forex live - News
RBNZ monetary policy meeting - Reuters poll is not clear cut, 19 say hold, 12 say 25bp cut
The Reserve Bank of New Zealand meeting on August 14 is very much 'live'. decision due at 2pm New Zealand time which is 0200 GMT which is 2200 US Eastern time on the 13thThe Reserve Bank of New Zealand (RBNZ) is expected to keep its key cash rate at 5.50% at next Wednesday's meeting. So says a majority, but not by many. As for market pricing, interest rate futures suggest an 85% chance of a rate cut next week and around 90 basis points of cuts by year-endSome considerations for the RBNZ include:inflation has dropped to 3.3%, the lowest in three years but still above the Bank's target rangeconcerns over economic growth and rising unemployment Comment from ANZ: expects no immediate cutbelieves

Hence then, the article about rbnz monetary policy meeting reuters poll is not clear cut 19 say hold 12 say 25bp cut was published today ( ) and is available on forex 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 ( RBNZ monetary policy meeting - Reuters poll is not clear cut, 19 say hold, 12 say 25bp cut )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News