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Going to hit Kiwis in the back pocket : Economist warns cost of living will rise
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New Zealand to reduce Covid monetary stimulus - www indianweekender co nz
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Going to hit Kiwis in the back pocket : Economist warns cost of living will rise
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New Zealand Dollar Forecast: NZD/USD Shoots Higher on Hawkish RBNZ, LSAP Termination
2021-07-14 02:30:00
Thomas Westwater,
Analyst
Reserve Bank of New Zealand, NZD/USD, Monetary Policy, LSAP – Talking Points
RBNZ holds Overnight Cash Rate steady at 0.25%, as expected
Large Scale Asset Purchases (LSAP) to be halted this month
NZD/USD climbs over technical barriers as price climbs over 1%
The Reserve Bank of New Zealand (RBNZ) held its Overnight Cash Rate (OCR) steady at 0.25 percent, as widely expected. However, the central bank moved to halt its Large Scale Asset Purchases (LSAP) by July 23. The end of its quantitative easing program marks a major turning point in reducing stimulus to the economy.
Reserve Bank holds OCR at 0 25% but calls early end to QE
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