Thursday, May 11, 2017

Kiwi slides as NZ central bank retains inflation outlook, neutral rate bias

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WELLINGTON (Reuters) – The Reserve Bank of New Zealand (RBNZ) defied market expectations it would adopt a more hawkish tone at its policy meeting on Thursday, retaining instead its neutral stance and sending the country’s currency to an 11-month low.

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May 11, 2017 at 10:32AM

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