Market pricing is for a 29bp cut at the next RBNZ meeting, on October 9
- and 67bp of cuts by November (meeting is Nov. 6)
That is, a 25 bp rate cut is priced for the each of the next two meetings.
NZD/USD update:
Earlier:
Market pricing is for a 29bp cut at the next RBNZ meeting, on October 9
That is, a 25 bp rate cut is priced for the each of the next two meetings.
NZD/USD update:
Earlier:
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