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RBNZ Keeps Rates On Hold, Leaves Door Open For Further Rate Cuts

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 28, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Reserve Bank of New Zealand kept interest rates on hold, but said it may need to cut rates further as slowing global economic growth and a strong New Zealand Dollar prolong a period of tepid inflation. All bets are now on the RBNZ cutting the OCR to 2.0% in[​IMG]

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