The RBNZ delivered the expected 25bp OCR cut in April and maintained an easing bias. Risks related to global developments were noted, but the overall tone didn’t suggest a sense of undue alarm. RBNZ 9 April OCR Review As widely expected, the RBNZ lowered the OCR by 25bps to 3.5%. The RBNZ sees downside risks […]
The post First Impressions: RBNZ Monetary Policy Review appeared first on Action Forex.