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We expect the RBNZ will leave the OCR at 5.5% at its May Monetary Policy Statement. The RBNZ will likely remain comfortable with the forward outlook communicated in the February Monetary Policy Statement. We don’t see a significant change in the RBNZ’s projections for the OCR – easing still looks like a 2025 affair. Weaker […]

The post Preview of RBNZ: Persistent Inflation to Keep the Champagne Stoppered appeared first on Action Forex.

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