menu search

RBNZ raise cash interest rate target by +75bp to 4.25%, as widely expected

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

... Read More

Posted: Nov 23 2022, 01:00
Author Name: forexlive
Views: 111714

Search within

Pages Search Results: