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

    Joined:
    Sep 2, 2015
    Messages:
    20,132
    Likes Received:
    1
    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).

    Continue reading...
     

Share This Page

free forex signals