Forex Flash: High hurdle for any RBNZ rate cut - BNZ

By FXstreet.com,  December 02, 2012, 09:29:00 PM EDT

FXstreet.com (Barcelona) - According to BNZ economist Craig Ebert, "while there are numerous reasons to expect the Reserve Bank to look and sound dovish at Thursday's MPS - Graeme Wheeler's first as Governor, we still think the Bank has a high hurdle for any further reduction in the Official Cash Rate ( OCR ), and rightly so."




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks: OCR



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