Forex

BNZ now expects the RBNZ money charge to peak at 5% (vs. 5.5% prior forecast)



<p>BNZ nonetheless forecast a 50 charge hike on February 22 from the Reserve Financial institution of New Zealand.</p><p>The revision to the terminal charge comes after the roles information earlier:</p><ul><li><a href="https://www.forexlive.com/information/new-zealand-jobs-report-for-q4-2022-unemployment-rate-34-expected-33-20230131/" rel="comply with" goal="_self" class="article-link vertical-align-baseline">New Zealand jobs report for This fall 2022: Unemployment charge 3.4% (anticipated 3.3%)</a></li><li><a href="https://www.forexlive.com/information/nzdusd-drops-a-few-points-after-the-new-zealand-jobs-market-report-20230131/" rel="comply with" goal="_self" class="article-link">NZD/USD drops just a few factors after the New Zealand jobs market report</a></li></ul><p>The RBNZ money charge is at present 4.25%</p>

This text was written by Eamonn Sheridan at www.forexlive.com.



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Eamonn Sheridan
Eamonn Sheridan

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