RBNZ Governor Orr: Confident inflation back in its target band | Forexlive
Reserve Bank of New Zealand Orr:
- confident inflation back in its target band
- can commence re-normalising rates
- we considered a range of moves and consensus was for 25bps
Earlier, read from the bottom up for the chronology:
- Market pricing is for an Reserve Bank of New Zealand rate cut at its next meeting too
- ICYMI – RBNZ cut its cash rate by 25bp, market consensus was for on hold
- NZD/USD marked lower after the Reserve Bank of New Zealand cut its cash rate
- Reserve Bank of New Zealand announce cash rate cut to 5.25%
This article was written by Eamonn Sheridan at www.forexlive.com.
Source link
