ANZ on the RBNZ - expecting a rate cut in November than on hold

Bloomberg with that from ANZ

ANZ joining a lot of other banks expecting an Reserve Bank of New Zealand cut on November 10

ANZ had expected another cut in 2017, but not any more

ANZ cite

  • strong domestic growth
  • Capacity constraints
  • inflation pressures emerging
  • Global inflation to pick up

Add that reasons to cut may emerge in the future, but RBNZ on hold for now after November cut

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