The Reserve Bank of New Zealand (RBNZ) is almost certain to raise interest rates when it concludes its meeting at 02:00 GMT Wednesday. Markets have already fully priced in a regular rate increase and are also assigning a small chance for a ‘double’ hike. The kiwi dollar could be disappointed in case it is just a ‘single’ rate hike, but the overall trend seems positive, especially against the euro and yen. Overheating The New Zealand economy is firing on all [..]
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