New Zealand RBNZ Interest Rate Decision in line with forecasts (3.5%)

FXStreet.com (Barcelona)

Apr 30, 2015

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RBNZ keeps rate steady at 3.5%, door open for cuts

The RBNZ kept the interest rate unchanged at 3.5%, with the policy statement not ruling out future cuts, noting that "timing of future adjustments in the OCR will depend on how inflationary pressures evolve in both the non-traded and traded sectors."