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Reserve Bank super-sized official cash rate (OCR) cut favoured Majority in economists' poll favour bigger cut RBNZ usually favours quarter percentage point moves (25 basis points) At height of Covid ...
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Cheers can be heard from the investing world as the much-anticipated Fed easing cycle finally begins. It's been four years since the FOMC last cut rates, and 14 months of holding them steady, so ...
with the odds for a super-sized half-point reduction back at nearly a coin toss. It started with separate reports in the Financial Times and the Wall Street Journal that both said the Sept.
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For more financial news, go to the News24 Business front page. The dollar slumped to its lowest this year on Friday versus the yen while gold hit a record high as investors ratcheted up bets for a ...
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US Fed chairman Jerome Powell has delivered the super-sized rate cut markets were hoping for. David Rowe Cuts of this size are rare, and have traditionally been used in only emergencies.