RBNZ takes large mallet from the toolkit
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Thursday 6th April 2023
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There wasn\\u2019t anything subtle about the RBNZ rate move yesterday, so why the sharp contrast with the action \\u2013 or lack of it- taken by the RBA this week. NAB\\u2019s David de Garis looks at potential reasons, and helps to dissect Philip Lowe\\u2019s Press Club lunch speech yesterday. Also, more soft data from the US and further signs that non-farm payrolls on Friday could show a move south, easing pressure on the Fed.
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