RBNZ is happy with fall in the NZD after the OCR decision
|In an interview with Reuters, RBNZ Assistant governor McDermott said the central bank is unhappy with the fall in the NZD following the OCR decision.
Key quotes
Don’t be fooled by the noise - underlying inflation expectations today are no different than in February
The three main overseas risks are - US fiscal outlook, Europe growth and demand growth in China
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