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50's Nostalgia Ain't What It Used To Be By Michael Every of Rabobank The RBNZ cut the OCR 50bps to 2.50% vs. 25bps expectations but in-line with our forecast. Notably, the RBNZ said they are “open to further reductions as required” and we are now forecasting a further 25bp cut to 2.25% in Novemb......
Source: Zero Hedge
Original URL: https://www.zerohedge.com/markets/50s-nostalgia-aint-what-it-used-be