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ASB change their RBNZ forecast – OCR to be cut by 75bps to -0.50% by early 2021

August 17, 2020 at 01:38AM

ASB change their RBNZ forecast – OCR to be cut by 75bps to -0.50% by early 2021
ASB are now looking for a negative cash rate in New Zealand with rate cuts taking the OCR to -0.5% most likely by April next year.
On the RBNZ last week ASB say:

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