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RBNZ's Wheeler: We were confident in our decision

Discussion in 'Fundamental Analysis' started by ForexLive, Jun 9, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Wheeler in the press conference after his statement - Inflation expectations seem to have stabilized - Not much has changed since our previous OCR decision - One further cut is built into our interest rate projections, but that could change The market is pricing in a 60% chance of an August cut but that's sounding way too high. Wheeler sounds like he's leaning towards staying on the sidelines.

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