Review of RBNZ: Next Cut More Likely August Now Policy is Neutralish

- As widely expected and priced, today the RBNZ reduced the OCR by a further 25bps to 3.25%. - The decision was reached following a 5 – 1 vote, with one MPC member voting for no change in policy. - The revised projection indicates a baselin https://www.actionforex.com/contributors/fundamental-analysis/598702-review-of-rbnz-next-cut-more-likely-august-now-policy-is-neutralish