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More from the RBNZ: Estimate of nominal neural cash rate has increased 25bp

Minutes from the Reserve Bank of New Zealand meeting: Committee noted inflation is still expected to decline within the target band by the second half of 2024Committee agreed that the risks around the inflation projection remain balancedCommittee noted that the estimate of the nominal neutral OCR has increased by 25 basis points to 2.25% within the projections, consistent with the Reserve Bank’s indicator suite---Earlier:Reserve Bank of New Zealand leave cash rate unchanged at 5.5%, as widely ex... Read More

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Posted: Aug 16 2023, 02:15

Author Name: forexlive

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