Investments

RBNZ having second thoughts

Wednesday 11th of May 2016

Going into the April decision, markets had placed around a 50% chance of another 25 basis point cut at that meeting. This was driven by the culmination of a number of factors.  Back at the March MPS, the Bank had indicated that “further easing may be required” and had included another 25 basis points of cuts by the middle of the year in their 90 day bank bill rate projections.  Subseq...

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