Reserve Bank of New Zealand’s (RBNZ) Assistant Governor Christian Hawkesby told MNI News that he is “very happy” with the way in which interest rate cuts are feeding through into the economy. Hawkesby further added that rising house prices could boost consumption and ultimately inflation. The central bank in August stunned markets by cutting the official cash rate (OCR) by a bigger-than-expected 50 basis points to 1.00%. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/IDR technical analysis: 38.2% Fibo, 14,195/205 confluence region question latest pullback FX Street 3 years Reserve Bank of New Zealand's (RBNZ) Assistant Governor Christian Hawkesby told MNI News that he is "very happy" with the way in which interest rate cuts are feeding through into the economy. Hawkesby further added that rising house prices could boost consumption and ultimately inflation. The central bank in August stunned markets by cutting the official cash rate (OCR) by a bigger-than-expected 50 basis points to 1.00%. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
