Westpac "remain steadfast in our view" that RBNZ will Cut rates further

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    From Sean Callow at Westpac in Sydney on the Reserve Bank of New Zealand: - Today's rate cut by the RBNZ took the cash rate from 2.75% to 2.5%. So Callow is saying the RBNZ will cut again twice (2*25bp) in 2016 (Actually, that 2*25 is my assumption, maybe he is thinking 1*50 .... I don't think so but just mentioning it).

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