RBNZ delivers 50bp hike As advertised, the Reserve Bank of New Zealand raised rates by 0.50%, bringing the cash rate to 2.50%. The New Zealand dollar responded with a mere shrug, indicative of the move being priced in by the markets. It wasn’t all that long ago that a 50bp increase was labeled as “massive” […]
The post NZ Dollar Yawns after Reserve Bank’s Hike appeared first on Action Forex.
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Okay, Jerome Powell, now it’s your turn. President Donald Trump on June 6 took a break from bashing Elon Musk to vent his spleen — again — at Federal Reserve Chairman Jerome Powell. 💵💰Don’t miss the move: Subscribe Read more…