RESERVE BANK OF NEW ZEALAND, NZD/USD, MONETARY POLICY, LSAP – TALKING POINTS
RBNZ holds Overnight Cash Rate steady at 0.25%, as expected
Large Scale Asset Purchases (LSAP) to be halted this month
NZD/USD climbs over technical barriers as price climbs over 1%
The Reserve Bank of New Zealand (RBNZ) held its Overnight Cash Rate (OCR) steady at 0.25 percent, as widely expected. However, the central bank moved to halt its Large Scale Asset Purchases (LSAP) by July
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