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What are markets pricing in for a RBNZ rate cut now?
RBNZ rate cut odds rise after New Zealand Q1 inflation data disappointsForexLiveThe RBNZ next meets on 8 May and markets are growing in favour of a rate cut by the central bank after earlier today. was rather stark in the kiwi as NZD/USD fell by 100 pips on the back of the release.
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