The RBNZ cut the OCR to 5.25% at its August policy meeting by unanimous decision. We think the RBNZ only seriously considered the option of cutting the OCR by 25bps at this point. The Governor noted that there are further meetings this year where further adjustments can be made. The revised projections lowered the OCR […]

The post RBNZ August 2024 MPS Review: Ready… Steady… Go! appeared first on Action Forex.