Inflation still the key concern
The NZD continued to slide last week, noticeably falling below 85 Australian cents. The RBNZ will not necessarily want to see the NZD appreciate but inflation remains a key concern and the RBNZ will likely repeat its warning that the OCR is not about to be lowered anytime soon, except in case of global crisis, providing some support to the NZD … Read RBNZ unlikely to cut OCR soon
