Capital Economics on the NZ data
"It was dramatically worse than anyone had expected,"and what it means for the Reserve Bank of New Zealand:
The remarks from CE come via Reuters reporting on the dreadful data from NZ earlier. ICYMI:
New Zealand Q3 GDP -1.0% q/q (vs. -0.4% expected)New Zealand dollar falls even further after GDP plungesNZD/USD update, hitting its lowest since October 2022:
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about new zealand dramatically worse than anyone had expected rbnz could cut by 75bp in feb 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.
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