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As expected, the Reserve Bank of New Zealand cut its key rate by 25 basis points to 3.25%. This cycle was the sixth easing since August last year, totalling 125 b. p. In an accompanying statement, the central bank said inflation accelerated to 2.5% y/y and inflation expectations among companies and households have risen. On […]

The post New Zealand Cut the Rate, But Not the Kiwi appeared first on Action Forex.

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07/11/2024

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