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RBNZ: inflationary pressure less than anticipated

FXStreet (Bali) - RBNZ Chief Wheeler, speaking at a press conference, said that inflationary pressure is less than the RBNZ anticipated, a comment that should be interpreted as a dovish sign, and therefore negative input for the NZD.

Wheeler added that the current pause in rate hikes depends on inflation and the level of the Kiwi, while also saying that a move towards budget surplus is likely to be a drag on growth.

RBNZ: Market projecting next hike around April 2015

The Reserve Bank of New Zealand said that the financial markets are projecting April 2015 as the time when the resumption of rate hikes will occur.
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RBNZ: Guidance a dovish surprise - Westpac

Imre Speizer, FX Strategist at Westpac, notes that the guidance from the RBNZ today was a dovish surprise to the interest rate markets. The NZD exchange rate was surprised lower.
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