Wednesday , 27 November 2024
Home Forex RBNZ’s 50bps Rate Cut and Gov. Orr’s Presser Spark Whiplash Moves in NZD
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RBNZ’s 50bps Rate Cut and Gov. Orr’s Presser Spark Whiplash Moves in NZD

RBNZ surprised markets with a 50bps rate cut over cooling inflation and weak growth! Then, Gov. Orr sent the Kiwi tumbling before it clawed back some of its losses.

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