There we go......
RBNZ has raised cash rate by .25 points, now 5.5%.
Its a bit of a gamble when the USD could drop again (more likely IMHO),
leaving us with a high NZD and slowing exports.
I can see rates going up steeply toward next year if not sooner.
RBNZ has raised cash rate by .25 points, now 5.5%.
Its a bit of a gamble when the USD could drop again (more likely IMHO),
leaving us with a high NZD and slowing exports.
I can see rates going up steeply toward next year if not sooner.
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