RBNZ end of tightening cycle seen in sight, market talk
Market talk says New Zealand’s central bank delivered what Nomura expects as the penultimate rate hike, with policymakers taking a measured tone suggesting fewer hikes ahead versus market pricing.
0816 GMT - New Zealand's central bank has delivered what Nomura economists expect will the penultimate rate hike of the cycle as policymakers assess the impact of prior tightening.
The RBNZ struck a measured tone that suggests fewer rate hikes ahead relative to market pricing, Nomura's Andrew Ticeh…