Futures now heavily favor a half-point hike to 4.75%, rather than a move of 75 bps, and have lowered the likely top for rates to 5.25% from 5.5%.
Read Full Story at source (may require registration)
Author:
Latest posts by NZD Editor (see all)
- New Zealand Dollar Could Sink GBP/NZD if RBNZ Forges Ahead in April - March 31, 2023
- NZD/USD fails ahead of 0.6300 mark, pares intraday gains to multi-week high - March 31, 2023
- NZD/USD jumps to fresh weekly high near 0.6300 on upbeat China PMI - March 30, 2023