- UBS says the RBNZ will leave rates on hold at 3.5% until December
- Had previously forecast a rate rise in June
- Benign inflation, falling currency, developing drought make the case for a later resumption of rises in rates
Finally, a post that’s nothing to do with Switzerland!
Oh … wait … What does the “S” in UBS stand for? Darn it ….
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Headlines on Bloomberg
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From yesterday …
