ANZ say the RBNZ may reduce QE, end purchases in August / September

ANZ have been quick to respond to improving data in New Zealand in past months, this the latest.

Only yesterday ANZ were out with:

• ANZ warn the biggest regret the RBNZ may have is waiting too long to hike

Now projecting the Reserve Bank of New Zealand may reduce or even finish QE bond purchases as soon as next month

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Meanwhile NZD/USD snoozing.