Anz estimates that the reduction of 50 base points of the New Zealand reserve bank is a neutral decision:
- “I would call this a fairly neutral drop of 50 base points”
“They said they were open to new softenings, but have not explicitly reported new softens. »»
Anz now provides a new drop in rates of 25 base points from the bank at its November meeting
This article was written by Eamonn Sheridan on Investlive.com.