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Eamonn Sheridan

Reserve Bank of New Zealand cash rate hike as expected – full text

Earlier:This was the 5th 50bp rate hike in a row from the Reserve Bank of New Zealand. The Bank said it was considering a 75bp rate hike - this is quite the contrast...

Ireland’s central bank raises 2023 CPI projections, lowers GDP forecast

The Central Bank of Ireland quarterly bulletin, info via Reuters. its forecast for its preferred economic growth measure is 2.3% next year (from 4.2%)inflation forecast for next year 6.3% (versus 4.2% previously)inflation forecast...

RBNZ monetary policy decision due today, Wednesday, 5 October 2022 – preview

The Reserve Bank of New Zealand Monetary Policy Review announcement — including the official cash rate (OCR), is due at 0100 GMT. There is just the decision and statement today, there is no...

Reports that the US is lobbying OPEC+ nations not to cut oil output (… well, d’uh)

Reuters citing a 'source familiar with the matter' says that the US is pushing OPEC+ nations not to proceed with an oil output cut. Arguing that economic fundamentals do not support a cut.---It...

ForexLive Asia-Pacific FX news wrap: RBA surprises, smaller than expected 25bp rate hike

The Reserve Bank of Australia increased its cash rate by 25bp at its monetary policy board meeting today, vs. the +50bp rate hike that was widely (though not unanimously) expected. In his accompanying statement Governor Lowe said...

AUD/USD has dropped on the smaller than was expected 25bp RBA rate hike

The consensus was for a 50bp rate hike from the Reserve Bank of Australia at its October monetary policy board meeting. But, nope, the Bank has gone with +25bp. Reserve Bank of Australia...

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