The Reserve Bank of New Zealand said today they'd cut further 'if necessary'.
ANZ say:
- We believe that by November they'll conclude it is
The bank add:
- growth set to disappoint the RBNZ's August MPS forecasts
And citing this divergence:
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The RBNZ November announcement:
- 13 Nov 2019
- OCR announcement
- and Monetary Policy Statement
- and media conference
