NZD Slides 0.45% Against USD After RBNZ Cuts Inflation Outlook
Revised RBNZ two-year inflation expectations drop to 2.34% YoY, reducing bets on a September rate hike. The New Zealand Dollar fell 0.45% to 0.5830 against the USD in European trading after the RBNZ lowered its two-year inflation expectations to 2.34% YoY from 2.53% in the