
TMM - News
Markets price in 85% chance of rate cut: BNZ

Monday 15th of July 2019
OIS swap markets indicate there will be a rate cut next month, as major economies across the globe contend with slowing growth. The Reserve Bank gave a strong indication it was considering a cut during last month's OCR announcement.
Wholesale rates have fallen significantly over the course of the year, hitting record lows, before bouncing up in recent weeks.
In its lat...
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