Hawkish RBNZ Statement Gives NZD a Boost

The RBNZ held the OCR at 2.50% and provided a slightly hawkish tone despite describing dampening factors. The hawkish tone was based on its expectation of rising inflation by the end of next year, as interpreted by this line from the official statement: “The overall outlook is for stronger domestic…

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Hawkish RBNZ Statement Gives NZD a Boost – NZD/USD, AUD/NZD

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