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RBNZ cuts, but statement interpreted as 'slightly hawkish'

Discussion in 'Fundamental Analysis' started by ForexLive, Dec 9, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Initial analysis of the Reserve Bank of New Zealand policy announcement from Westpac in NZ The RBNZ's Monetary Policy Statement this morning cut the OCR by 25bp to 2.50%, but gave mixed messages about any further easing (the press release said more easing is possible, the detail said they are firmly on hold). We interpret this as slightly hawkish for the market More:

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