NZD/USD: RBNZ Fired a Hawkish Missile

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<p>RBNZ has maintained the OCR at 5.50% for the fourth consecutive time and matched market consensus. Hawkish forward guidance by RBNZ where its latest projected terminal rate of the OCR has been revised upwards to 5.69% (Sep 2024) from 5.57% projected earlier in the August 2023 MPS. The Kiwi rallied by +0.90% intraday against the […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/529475-nzd-usd-rbnz-fired-a-hawkish-missile/">NZD/USD: RBNZ Fired a Hawkish Missile</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>