The New Zealand dollar is drifting on Friday. In the European session, NZD/USD is trading at 0.6110, up 0.08%. Orr pushes back against rate cut expectations The Reserve Bank of New Zealand has made inflation its top priority and the Bank’s steep rate-hiking cycle has brought inflation lower. Still, at the current clip of 4.7%, […]
The post RBNZ’s Orr – Inflation Expectations Still Too High appeared first on Action Forex.
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