RBNZ to maintain flexible stance, downside risks linger for kiwi – Forex News Preview
Posted on August 7, 2018 at 2:09 pm GMTThe Reserve Bank of New Zealand (RBNZ) is widely anticipated to keep interest rates unchanged when it announces its rate decision on Wednesday at 2100 GMT. Given mixed developments lately, officials are unlikely to alter their message from the latest policy meeting that a rate cut remains on the table, something that could keep the kiwi near current low levels moving forward. The RBNZ took a dovish turn the last time it met back in June. Policymakers noted they are [..]