New Zealand cuts rates 50 bps, kiwi tumbles as markets bet on more aggressive easing
New Zealand's central bank slashed rates by 50 basis points on Wednesday and said policy is still restrictive even though inflation has returned to target, a clear dovish signal that sent the kiwi dollar skidding as markets bet on more easing.
The U.S. dollar edged higher on Wednesday ahead of the release of records from the Federal Reserve's September decision to ...
The Reserve Bank of New Zealand lowered the cash rate by 50 basis points on Wednesday to 4.75%. The RBNZ cut rates by 25-bps ...
The New Zealand dollar dropped significantly after the central bank cut interest rates by 50 basis points. This move signaled ...
The New Zealand dollar slumped on Wednesday after the country's central bank cut interest rates by 50 basis points, while the ...
“Markets are largely expecting the RBNZ to quicken the pace of rate cut to 50bp each at the remaining 2 MPCs for the year and ...
The government recorded a budget deficit of NZ$12.85 billion ($7.79 billion) for the fiscal year ending June 30, 2024, larger ...
The dollar drifted sideways on Wednesday, giving some relief to the yen and other major currencies after a sharp rally to a ...
Gold is consolidating yesterday's losses, spending most of the session so far below yesterday's settlement near $2622. Click ...
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The U.S. dollar edged higher on Wednesday, taking in stride the release of minutes from the Federal Reserve's September ...
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