Kiwi Fell To 3.5-Year Low As RBNZ Signaled Next Move Could Be Rate Cut

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The RBNZ left the OCR unchanged at 3.5% in January. Yet, the market viewed the monetary outlook as neutral/dovish as policymakers suggested that the next rate decision could be hike or cut. The central bank was concerned that headline inflation in the first quarter could flip to negative due to



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