The Reserve Bank of New Zealand is widely expected to raise the Official Cash Rate by another 50 basis points to 2.00% at its meeting tomorrow. The real focus will be on the accompanying Monetary Policy Statement (MPS), which will provide updated inflation forecasts and OCR track changes. Inflation currently sits at 6.9%yoy, 30bps above […]
The post RBNZ Preview and What Comes Next for the NZDUSD? appeared first on Action Forex.
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