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BNZ now expects the RBNZ cash rate to peak at 5% (vs. 5.5% prior forecast)

BNZ now expects the RBNZ cash rate to peak at 5% (vs. 5.5% prior forecast)

BNZ still forecast a 50 rate hike on February 22 from the Reserve Bank of New Zealand.

The revision to the terminal rate comes after the jobs data earlier:

Posted: Jan 31 2023, 22:26
Author Name: forexlive
Views: 111512

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