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RBNZ Cuts Rates To 2% Suggesting More Stimulus

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 11, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    On Wednesday, at the conclusion of RBNZ August monetary meeting the Reserve Bank of New Zealand cut interest rates by 25 basis points, taking the deep of a record-low rate equalling 2%. The decision made by Reserve Bank of New Zealand met market expectations by delivering a rate cut and[​IMG]

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