New Zealand’s central bank, the Reserve Bank of New Zealand, cut interest rates by 50 basis points today
- for the third straight meeting
- signalled more easing in coming meetings
Still to come is the press conference, due at 0200 GMT
- 2100 US Eastern time
When it begins:
- View live stream
Earlier:
- RBNZ cuts cash rate by 50bp vs. 50bp expected
- NZD/USD lower after the as expected 50bp rate cut from the Reserve Bank of New Zealand
This article was written by Eamonn Sheridan at www.forexlive.com.
