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RBNZ raise cash interest rate target by +75bp to 4.25%, as widely expected
Reserve Bank of New Zealand updated forecasts for the path ahead, see the:
- official cash rate at 4.57% in March 2023 (previously at 4.03%)
- official cash rate at 5.5% in December 2023 (previously at 4.1%)
- twi nzd at around 70.0% in December 2023 (previously at 71.7%)
- annual cpi 5.0% by December 2023 (previously at 3.8%)
- official cash rate at 5.5% in march 2024 (previously at 4.09%)
- official cash rate at 4.35% in December 2025
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Posted: Nov 23 2022, 01:00
Author Name: forexlive
Views: 111714