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RBNZ to cut this week or pre-announce a cut in August - Morgan Stanley

Discussion in 'Fundamental Analysis' started by ForexLive, Jun 7, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Morgan Stanley on the June 8 RBNZ decision Inflation expectations have fallen to lows last seen in the 1990s and the NZD TWI is trading 4.8% above the RBNZ's September forecast. The RBNZ is one of a few central banks that can actually weaken its currency via rate cuts as it has a fairly steep yield curve and the highest starting monetary policy rate.

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