The RBNZ's MPS, just released, has increased the OCR by 25bp to 2.75% - widely expected - but there was enough otherwise to positively surprise the market.
7:28AM, 13 Mar 2014
Paris ib 20:08:58 GMT - 03/12/2014
John I was wondering about this... we have been living in a benevolent sort of lull with low rates as far as the eye can see.... but as that comes to an end the financial landscape will change globally. Bit early but worth pondering.
GVI Forex john 20:07:10 GMT - 03/12/2014
ib- I can't speak for every country, but believe rates are in the process of bottoming NZ is well ahead of everyone else.
Paris ib 20:03:17 GMT - 03/12/2014
Have interest rates bottomed out world wide? Or do we just ignore this?
GVI Forex john 20:00:11 GMT - 03/12/2014
Hikes rates by 25bp to 2.75%, as expected
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