bank of new zealand

Last night, the RBNZ decided to leave the OCR at its current level. But, by then, most of the market reaction had already happened. The situation in New Zealand is a microcosmos of what the "new normal" in the markets is, and the…
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After the equivalent of three interest rate cuts in a little over half a year, you generally expect the change in monetary policy to have had some effect on the economy. That is why analysts are going to be interested in the data the be…
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