The Reserve Bank raised the Official Cash Rate by 50 basis points to 4.75%, and maintained its projection of a 5.5% peak in the coming months. RBNZ Monetary Policy Statement, February 2023 The Reserve Bank increased the Official Cash Rate by 50 basis points to 4.75%, as was expected by most forecasters. Surprisingly, there was […]
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U.S. equity futures moved higher in early Wednesday trading, while the dollar snapped it recent run of declines and Treasury yield steadied, as investors looked to a key Federal Reserve policy meeting buoyed by nascent Read more…
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