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RBNZ shadow board divided on rate hike this week
NZIER disclosed that its RBNZ Shadow Board is in disagreement over whether RBNZ should raise OCR the Official Cash Rate (OCR) this week. A “large number” of the Shadow Board members viewed a 25bps to 5.50% as “warranted”. But “the rest” recommended to hold at 5.25%. This discord was extended to future projections, as NZIER […] The post RBNZ shadow board divided on rate hike this week appeared first on Action Forex...
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Posted: May 22 2023, 03:34
Author Name: actionforex
Views: 081574