We expect the RBNZ will leave the OCR at 5.5% at its April policy review. We think the RBNZ will remain comfortable with the forward outlook communicated in the February Monetary Policy Statement. GDP growth was slightly weaker than expected – but the impact is very marginal compared to past quarterly forecast misses. The inflation […]
The post Preview of RBNZ: Nothing to See Here appeared first on Action Forex.
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The Canadian dollar collapsed by more than 1.4% against the US dollar after Trump threatened to impose new 25% tariffs on goods from Mexico and Canada and to increase tariffs on China by 10% immediately Read more…