Dollar spikes as market picks end of RBNZ’s easing cycle
Reserve Bank likely to call time on the easing cycle in its June statement. With special feature audio.
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The New Zealand dollar spiked in the minutes following this morning’s official cash rate announcement as the market picked just one more Reserve Bank cut.
Although governor Graeme Wheeler indicated the OCR was to be cut again – in a statement saying “further policy easing may be required” –
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Jason Walls
Thu, 28 Apr 2016
Thu, 28 Apr 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Dollar spikes as market picks end of RBNZ’s easing cycle
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