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RBNZ cuts rates to 2.50% from 2.75%

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

  1. ForexLive

    ForexLive Forum Member

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    Highlights of the RBNZ rate decision Dec 10, 2015: - Prior was 2.75% - Sees early signs Auckland housing market may be moderating - Monetary policy needs to be accommodative There is no sign here of another rate hike and NZD has picked up on that. After a quick move lower it ran to session highs. Last at 0.6680.

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