RBNZ Chief Economist Paul Conway revealed in a Reuters interview that the central bank considered both 25bps and 75bps rate cuts ahead of this week’s policy decision. But the bank ultimately concluded that a 50bps reduction “was the way to go” given the state of the economy and inflation. Conway pointed to recent data in […]
The post RBNZ’s Conway: 50bps cut the clear choice, signs of economic turnaround emerging appeared first on Action Forex.
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TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. A cordless vacuum cleaner can eclipse its corded cousins as the Read more…