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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

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    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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