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The Reserve bank of New Zealand will release its official rate statement at 5:00 MT time on September 25. The market anticipates that the RBNZ is going to keep its interest rate on hold. At the same time, traders will pay particular attention to the outlines of the statement. They will be looking for possible hints on the future rate cuts, as a part of the regulator’s easing policy. After the Reserve bank of New Zealand cut its interest rate by 50 basis points during the previous meeting, it would be interesting to analyze its next decisions.
• If the RBNZ is hawkish, the NZD will rise;
• If the RBNZ is dovish, the NZD will fall.
The Reserve Bank of New Zealand will reveal the official cash rate, monetary policy statement, make a rate statement, and after that will answer questions in a press conference on February 23, 03:00 GMT+2.
Reserve Bank of New Zealand (RBNZ) will reveal Official Cash Rate and make a statement about monetary policy on October 6, 04:00 GMT+3.
The main bank of Russian will likely turn hawkish today. Time to sell USD/RUB?
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
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