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Aug 14, 2024
GBP/USD: Broader trends remain constructive – Scotibank
UK inflation data for July came in lower than expected. Headline prices fell 0.2% m/m, leaving inflation at 2.2% over the year.
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Aug 14, 2024
New Zealand: RBNZ brings forward easing cycle – UOB Group
The Reserve Bank of New Zealand (RBNZ) decided to reduce the official cash rate (OCR) by 25 bps to 5.25%, embarking on an easing cycle much sooner than expected, almost a year ahead of the RBNZ’s own projections, UOB Group RBNZ to continue steadily cutting the OCR “The Reserve Bank of New Zealand (RBNZ) lowered its official cash rate (OCR) by 25 bps to 5.25% earlier today (14 Aug).
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