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NZD higher on the Reserve Bank of New Zealand’s two notable hawkish surprises

Started by forex4you, Feb 23, 2022, 05:42 am

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NZD higher on the Reserve Bank of New Zealand's two notable hawkish surprises

While the 25bp rate hike was expected, say WPAC: There were, however, two notable hawkish surprises. First, the OCR forecast peak was increased significantly, from 2.6% to 3.35%. We had expected an increase to 2.80%. Second … said LSAP bond holdings would be reduced by a combinatio


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