Further easing expected by the RBNZ – BNZ

FXStreet (Edinburgh) – Analysts at BNZ believe the RBNZ could ease further at its next meeting later in the month.

Key Quotes

“So, while we maintain our expectation of a 25 basis point cut in the OCR from the RBNZ later this month, we are still assessing the case for further easing beyond that”.

“What the New Zealand economy really needs is a lower currency. And it’s getting it”.

Analysts at BNZ believe the RBNZ could ease further at its next meeting later in the month…

(Market News Provided by FXstreet)