
Investments
Steepening NZ yield curve
Wednesday 13th of May 2015
RBNZ introduces an easing bias
As expected, the RBNZ left interest rates unchanged at its OCR Review at the end of April. However, the key news was the RBNZ moved from a neutral bias where interest rate movements could be “either up or down” to an official easing bias, but stating that:
- “The Bank … is not currently considering any increase in interest...
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