RBNZ pressures the RBA to adopt easing bias

Posted on March 28th, 2019

New Zealand rates plunged and the NZD dropped relatively sharply after the RBNZ said the next move in rates was more likely to be a cut.  The RBNZ appeared to be significantly influenced by the policy easing abroad and upward pressure on the NZD. The RBA shifted from a mild tightening bias to a neutral […]