The ANZ provides for a new drop in rates of 25 base points from the RBNZ at its November meeting

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.

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